Trader caught with 2.6 kg gold biscuits, cash of Rs. 95 lakh

January 15, 2015 12:00 am | Updated 06:15 am IST - GUNTUR:

The gold biscuits seized by customs officials from a trader, in Vijayawada.- PHOTO: T. Vijaya Kumar

The gold biscuits seized by customs officials from a trader, in Vijayawada.- PHOTO: T. Vijaya Kumar

The State Customs (Preventive) Commissionerate has seized huge quantity of contraband gold biscuits and unaccounted cash from a trader who was travelling by a train, in Vijayawada.

The contraband included gold biscuits weighing 2.4 kg are worth Rs. 64 lakh, gold ornaments weighing 566 grams worth Rs.14 lakh and Rs.95.25 lakh in cash were seized from Nagendra Prabhu who was travelling from Visakhapatnam to Coimbatore in Patna-Ernakulam Express on January 12. He was caught by the Government Railway Police at the Vijayawada railway station.

The trader was not carrying any documents or receipts for the gold biscuit and money, customs sources said. On questioning him, the owner of the jewellery shop rushed from Coimbatore and submitted some documents. But those were found to be fake during the verification. The carrier and the owner were arrested and remanded to judicial custody for two weeks by the Economic Offence Court, Hyderabad.

This is the first major seizure by the Customs (preventive) Commissionerate which was established recently. Commissioner S.K Rahman said that efforts would be made to crack a whip on smuggling operations in 13 districts. Further investigations would be conducted to nab the kingpin of the racket.

Assistant Commissioner K. Rajasekhara Reddy, superintendents G. Seetharamaiah Chowdary, M. Srinivasu, K.S.V.D. Srinivas, B. Veerabhadra Rao and inspectors Aslam Usmani, Sushil ad J. Nagshankar took part in the operation.

Nagendra Prabhu, who was travelling from Visakhapatnam to Coimbatore, was intercepted at Vijayawada railway station

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.