Based on specific intelligence, officers of DRI MZU intercepted three persons while they were moving smuggled gold from one place to another in the Mumbai Central area. A search of their baggage resulted in the recovery of 22.89 kg of smuggled gold in various forms (melted gold bars, egg-shaped capsules, strips, chains).
On further information that the sale proceeds of smuggled gold, to the tune of INR 40 lakhs, were secreted in a house, the same was searched and the entire amount was recovered.
In total, 22.89 kg of recovered gold valued at INR 16.91 Crores along with INR 40 Lakhs of Indian Currency which were sale proceeds of smuggled gold, was seized under the provisions of the Customs Act, 1962 and all the 3 persons were arrested and remanded to judicial custody.
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