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DRI cracks down on organised gold smuggling and illegal melting racket operating in Delhi and Kolkata; gold, silver and cash worth Rs.14.13 crore seized; six persons arrested
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....RI cracks down on organised gold smuggling and illegal melting racket operating in Delhi and Kolkata; gold, silver and cash worth Rs.14.13 crore seized; six persons arrested<BR>News and Press Release<BR>Dated:- 16-3-2026<BR><BR>The Directorate of Revenue Intelligence (DRI) has unearthed an organised syndicate involved in the smuggling of foreign-origin gold into India, its transportation through r....
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....ail route, melting and defacing at illegal facilities, and clandestine sale in the domestic market. The operation resulted in seizure of gold, silver and Indian currency collectively valued at over Rs.14.13 crore and the arrest of six persons. In total, 8286.81 grams of gold valued at Rs.13.41 crore, 7350.4 grams of silver valued at Rs.19.67 Lakh, and Indian currency amounting to Rs.51,74,....
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....100 were seized under the provisions of the Customs Act, 1962. Acting on specific intelligence, officers of DRI intercepted a passenger, who had arrived from Kolkata by train, at New Delhi Railway Station with foreign-marked gold meant for delivery to a receiver outside the station. Both the carrier and the recipient were apprehended. Based on the disclosures, follow-up searches were co....
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....nducted in Delhi which led to the detection of an illegal gold melting facility in Delhi used for defacing foreign-origin gold before its disposal in the local bullion market. Additional gold, silver and Indian currency were recovered from the premises and the manager operating the facility was also apprehended. Further investigation led to Kolkata, where the mastermind of the syndicate was tra....
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....ced to another illegal melting unit along with more defaced gold. He was apprehended along with two carriers, who admitted that foreign-marked gold smuggled into India had been received by them, melted to remove identifying markings, and would have been transported to Delhi through rail route for further distribution. All six persons involved in the smuggling, transportation, melting and dispos....
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....al of gold have been arrested and produced before the competent court. Further investigation is in progress. =============<BR> News - Press release - PIB....