Four kg gold biscuits seized off Pamban coast

Bs_logoImage
Press Trust of India Rameswaram(TN)
Last Updated : May 04 2017 | 5:13 PM IST
Gold biscuits weighing around four kgs were today recovered off the Pamban coast near here, after a gang of smugglers dumped it in the sea on being confronted by customs authorities, officials said.
Acting on a tip-off that gold was being smuggled, a team of customs sleuths tried to intercept a boat moving in a suspicious manner off Pamban coast.
However, on seeing the officials, the occupants of the boat dumped the gold biscuits in the sea and fled the spot.
The authorities then recovered the water can carrying 40 pieces of gold biscuits, customs officials said.
Investigation is on, they added.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 04 2017 | 5:13 PM IST