58 kgs of gold worth Rs 18 crore seized, 12 held

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Press Trust of India Kolkata
Last Updated : Aug 13 2016 | 8:13 PM IST
In a major breakthrough, revenue officials today seized 58.1 kgs of smuggled gold worth about Rs 18 crore and arrested 12 people including a woman for their alleged involvement in the racket.
Directorate of Revenue Intelligence (DRI) officials said that acting on a tip-off, a special team rushed to a hideout near Rabindra Sarani area in North Kolkata and seized the precious yellow metal in 350 pieces of gold biscuits.
Twelve people, including a woman, hailing from Manipur and Mizoram, were arrested in this connection. They were later produced before a city court which remanded them to judicial custody till August 24.
The case had a trail in Mumbai, where two persons were arrested earlier this month for their alleged involvement in gold smuggling racket, the officials said.
Those arrested here are suspected to be part of the same gang which smuggled these yellow metals from Mayanmar and went to Mumbai.
After the arrest of two members of the gang, the rest took shelter in Kolkata and continued with their smuggling business, the officials added.

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First Published: Aug 13 2016 | 8:13 PM IST