DRI busts smuggling racket
The Directorate of Revenue Intelligence (DRI) has busted a smuggling racket and seized gold worth Rs 7.54 crore from a man it arrested at the New Delhi Railway Station, a senior DRI official said on Friday.
Acting on intel, the DRI officials intercepted the 33- year-old man, a resident of Dariyaganj area here, at the station on Thursday, the official said, requesting anonymity.
About 25.8 kgs of gold, valued at Rs 7.54 crore, were recovered from him, he said.
During investigation the accused confessed to have received the smuggled gold at Birtanagar in Nepal. After receiving the consignment he crossed over into India through the Jogbani-Birtanagar border, the official said.
The DRI suspected the involvement of several other people in the smuggling ring.