From The Hindu · The Hindu Bureau · · 1m 30s
Gold smuggling ring busted near Vijayawada
Directorate of Revenue Intelligence seizes 3.1 kg of gold and foreign currency worth ₹5.84 crore in interstate smuggling operation from Bangladesh.
In brief
Directorate of Revenue Intelligence seizes 3.1 kg of gold and foreign currency worth ₹5.84 crore in interstate smuggling operation from Bangladesh. Directorate of Revenue Intelligence officers seized three point one kilograms of smuggled gold and foreign currency worth five point eighty four crore rupees near…
Interstate smuggling ring exposed
Directorate of Revenue Intelligence officers busted a gold smuggling operation moving foreign-origin gold from Bangladesh to Hyderabad through Kolkata on October 18, 2026.
Foreign currency found in SUV
Officers intercepted an SUV on Vijayawada's outskirts and discovered a concealed compartment containing US$60,000 and €21,500. The two occupants admitted delivering smuggled gold.
Gold bars hidden on carriers
Based on interrogation information, officials traced three suspected carriers aboard a Hyderabad-bound bus. A search at a toll plaza recovered three foreign-origin gold bars weighing three thousand one hundred forty seven point one grams.
Gold concealed in pouches
The three gold bars were concealed inside pouches tied around the carriers' waists in an attempt to evade detection during transit to Hyderabad.
Total seizure valued at ₹5.84 crore
The seized gold and foreign currency were collectively valued at approximately five point eighty four crore rupees. All five accused were arrested for procuring and transporting contraband.
Investigation into wider network continues
All five accused were remanded to judicial custody. Investigators are working to establish the wider network involved in procuring smuggled gold, transporting it across states, and handling sale proceeds.
The big picture
Directorate of Revenue Intelligence officers seized three point one kilograms of smuggled gold and foreign currency worth five point eighty four crore rupees near Vijayawada, arresting five people involved in transporting contraband from Bangladesh to Hyderabad.
