Andhra Pradesh: DRI seizes foreign-origin gold worth Rs 8.98 crore in Visakhapatnam, two arrested
Visakhapatnam, Oct. 11 -- The Directorate of Revenue Intelligence (DRI) has seized 5.83 kg of foreign-origin gold worth Rs 8.98 crore from a car travelling from Kolkata to Hyderabad in Visakhapatnam, and arrested two persons in connection with the case.
Acting on specific intelligence, the DRI maintained heightened vigilance along the National Highway and intercepted the vehicle after a prolonged chase.
According to the DRI, sustained interrogation and a systematic search of the vehicle led to the discovery of a specially fabricated cavity beneath the leg space of the front co-passenger seat.
Three packets containing 5,832.90 grams of foreign-origin gold of 24-carat purity (999 fineness) were recovered from the concealed cavity. The go...
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