New Delhi, April 10 -- The Directorate of Revenue Intelligence (DRI) conducted Operation Dhahabu Blitz and busted a syndicate, seizing 29.37 kg of gold valued at Rs.37.74 crore. As many as 24 women were arrested in connection with the matter, the Ministry of Finance said in a statement on Thursday.

A team of DRI officers acted on specific intelligence and identified a group of women "carriers" arriving from Nairobi attempting to smuggle large quantities of gold through Chhatrapati Shivaji Maharaj International (CSMI) Airport, Mumbai, on April 8.

"Under Operation Dhahabu Blitz, 24 foreign nationals were intercepted. Swift and coordinated enforcement action led to the recovery of 25.10 kg gold bars and 4.27 kg gold jewellery from these pa...