The passenger, Zakaria, had concealed the gold in ingot form in the cycle wheels of a three-wheeler meant for children.
Following a tip-off, Directorate of Revenue Intelligence officials checked all passengers who arrived by the flight at the airport here in the early hours.
Zakaria, who was returning from Sharjah, hails from Kerala's Kozhikode district, police said, adding, he has been taken into custody for questioning. The value of the seized gold was estimated at Rs 47 lakh, sources said.