Gold and money seized from smelting unit at Koduvally in Kerala

February 07, 2023 11:48 pm | Updated 11:48 pm IST - Kozhikode

A team of officials from the Directorate of Revenue Intelligence (DRI) seized gold worth ₹4.11 crore and ₹13.5 lakh in cash from a gold smelting unit at Koduvally here on Tuesday. The team, acting on a tip-off, launched a raid on gold smelting centres in the town known for its jewellery business and took six people into custody, including the owner of a jewellery store. The DRI had received information that gold smuggled through airports was mixed with other substances and smelted in these units. In the raid, the officials also unearthed evidence of gold being smuggled in undergarments and sandals.

Top News Today


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.