DRI seizes gold jewellery worth Rs 1.20 crore at Hyderabad airport

DRI officials seized around 800 grams of gold jewellery, estimated to be worth Rs 1.20 crore, from a jewellery trader at Rajiv Gandhi International Airport. The trader was intercepted while travelling from Tiruchirappalli to Hyderabad, officials said

Hyderabad: Directorate of Revenue Intelligence (DRI) officials seized around 800 grams of gold jewellery, valued at an estimated Rs 1.20 crore, from a jewellery trader at Rajiv Gandhi International Airport in Shamshabad.

According to officials, the Hyderabad-based trader was travelling from Tiruchirappalli to Hyderabad when he was intercepted by DRI personnel acting on specific information that he was allegedly carrying smuggled gold.

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During a check, officials found the gold jewellery in his baggage. The seized jewellery was taken into custody for examination and valuation.

The DRI has registered a case and launched an investigation to determine the source of the gold, the circumstances in which it was being transported and whether others were involved in the alleged smuggling operation.