Gold worth Rs 6.62 crores seized in Shamshabad airport

In one of the biggest catch, the sleuths of Custom officers at the international airport in Hyderabad seized a gold consignment of 6.62 crores. The total weight of gold bars seized is 2.37kg while the gold ornaments seized is 5.63kg. The entire value of seized consignments is Rs 6,62,46,387.

Hyderabad: In a major crackdown against gold smuggling, the sleuths of Custom officers at the Shamshabad international airport in Telangana seized a gold consignment of 6.62 crores, police said on Sunday.

According to sources, the officers of Hyderabad Customs conducted a thorough verification of suspected consignments at Domestic cargo premises, Air Cargo Complex, Shamshabad.

They found that the certain foreign origin gold bars without proper documentation are being clandestinely moved from Hyderabad to Mumbai, sources said.

The verification revealed that the consignments carried various ornaments of gold, gold bars of foreign origin, loose diamonds, precious and semi-precious stones, stainless steel watches, platinum tops and antique coins without proper documentation, sources added.

The total weight of gold bars seized is 2.37kg while the gold ornaments seized is 5.63kg. The entire value of seized consignments is Rs 6,62,46,387, sources further added.

Further investigation is underway.