Economy

Gold worth Rs 72.7 lakh seized at Trichy airport

Customs officials seized over 1 kg of gold valued at Rs 72.73 lakh at Trichy International airport in Tamil Nadu on Wednesday.

“The Air Intelligence Unit (AIU) of Trichy seized 1197.5 grams of 24-carat gold worth Rs 72,73,781 from two male and one female passenger. While two passengers arrived from Kuala Lumpur, the third arrived from Dubai via Colombo,” an ANI report cited a Customs official as saying.

While some of the gold was brought in metal form the rest was in paste form concealed in the rectum of the passengers.

This is the second gold seizure at Trichy airport within a week as earlier on May 23 the Air Intelligence Unit of the Customs Department seized 1091 grams of 24-carat gold worth Rs 67 lakh from a male passenger who had arrived from Kuala Lumpur.

Gold smuggling is on the rise in the country as it is easy to buy overseas and available at a much cheaper price which tempts unscrupulous elements to smuggle the precious metal to make a fast buck.

Gold valued at over Rs 42 lakh was also seized at Hyderabad airport on May 26, from a passenger who had arrived on flight from Muscat had concealed it in paste form in his rectum. This is the second gold seizure at the Hyderabad airport in a week, as 1,800 grams of gold worth Rs 1 crore was also seized earlier from three passengers, Customs officials said.

IN Bureau

Recent Posts

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

14 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

14 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

16 hours ago

PoJK: Joint Awami Action Committee protests against government following new ordinance, many injured

Joint Awami Action Committee core member Shaukat Nawaz Mir has condemned the attack of police…

16 hours ago

PM Modi meets 31 world leaders, heads of organisations during his 3-nation foreign visit

Prime Minister Narendra Modi participated in 31 Bilateral Meetings and informal interactions with global leaders…

18 hours ago

India- Australia conduct 11th Indian Air Force-Royal Australian Air Force Air Staff Talks

India and Australia conducted the 11th edition of the Indian Air Force and Royal Australian…

18 hours ago