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Gold smuggling racket busted in Mumbai, Rs 15 cr yellow metal seized; 11 held

Mumbai: The Directorate of Revenue Intelligence (DRI) has busted a gold smuggling syndicate, seizing the precious metal valued at Rs 15 crore and arresting 11 persons, including the mastermind, officials said on Wednesday. Preliminary investigations suggest a well-planned conspiracy to smuggle gold into India and sell the refined metal in the grey market, violating import Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

12 Nov 2025 12:08 pm