Visakhapatnam: The Directorate of Revenue Intelligence (DRI) sleuths from Visakhapatnam Regional Unit, have seized smuggled gold weighing 3.98 kgs worth Rs 1.91 crore from a Bangladeshi at Visakhapatnam Railway station on Thursday afternoon.
Based on specific intelligence, DRI sleuths intercepted a person who was coming from Kolkata by the Howrah – Yeshvantpur Super-Fast Express (Train No. 02873) at Visakhapatnam Railway Station.
After thorough verification, 3983.5 Grams of Smuggled Gold, in the form of bars, pieces and bangles, valued at Rs.1.91 Crores were seized from the Bangladeshi , DRI said in a release here.
Preliminary investigation revealed that this smuggled gold is routed from Bangladesh and is melted and recast into gold bars/pieces of different shapes and sizes and also made into ornaments at Kolkata.
The person has been arrested under the provisions of Customs Act, 1962 and has been remanded to judicial custody. Further investigation is in progress.