Flyer held with foreign currencies worth Rs 1.19 crore

Directorate of Revenue Intelligence (DRI) officials today arrested a passenger at international airport here and seized foreign currencies worth Rs 1.19 crore from his possession, an official said.
The flyer, whose identity was not disclosed, was to board a flight bound for Sharjah from Rajiv Gandhi International Airport (RGIA) at Shamshabad.
Based on specific information, officers of DRI, Hyderabad Zonal Unit, intercepted him. On search, they found he was carrying foreign currencies -- euros and UAE dirhams -- valued at about Rs 1.19 crore, DRI Additional Director General M K Singh said in a release.
The flyer was scheduled to board an Air Arabia flight bound for Sharjah after clearing immigration and security checks, he said.

"He had deftly concealed the foreign currencies inside clothes kept in his bags. During interrogation, the passenger confessed involvement in smuggling of foreign currencies," Singh said.
The passenger was later produced before a Special Judge of Economic Offences Court, which remanded him to 14-day judicial custody.