DRI seizes gold jewellery worth Rs 1.20 crore at Shamshabad airport

Directorate of Revenue Intelligence (DRI) officials seized around 800 grams of gold jewellery, valued at an estimated Rs 1.20 crore, from a jewellery trader at Shamshabad airport.

According to officials, the Hyderabad-based trader was travelling from Tiruchirappalli to Hyderabad when he was intercepted by DRI personnel acting on specific information that he was allegedly carrying



smuggled gold.

During a check, officials found the gold jewellery in his baggage. The seized jewellery was taken into custody for examination and valuation.

The DRI has registered a case and launched an investigation to determine the source of the gold, the circumstances in which it was being transported and whether others were involved in the alleged smuggling operation.