DRI Uncovers Major Gold Smuggling Ring in Mumbai, Four Arrested
Synopsis
In a significant crackdown, the DRI has unveiled a gold smuggling ring in Mumbai, resulting in four arrests and the seizure of valuables worth Rs 6 crore. This operation highlights ongoing efforts against smuggling activities in the region.
Key Takeaways
DRI's Operation: Successful dismantling of a smuggling ring.
Valuables Seized: Rs 6 crore in gold, silver, and cash.
Arrests Made: Four individuals apprehended.
Location: Dhanji Street, Kalbadevi, Mumbai.
Evidence Collected: Cash-counting machines and notebooks linked to smuggling.
Mumbai, April 15 (NationPress) – The Directorate of Revenue Intelligence (DRI) has successfully dismantled a gold smuggling operation in Mumbai, leading to the arrest of four suspects. In the course of this operation, authorities confiscated gold and silver worth approximately Rs 6 crore, along with cash totaling around Rs 3.71 crore.
The DRI had gathered specific intelligence indicating that two individuals were preparing to deliver a shipment of smuggled gold at a shop on Dhanji Street in Kalbadevi. Responding swiftly to this information, DRI agents set up surveillance at the site and identified the suspects. They were apprehended while entering the shop.
Upon interrogation, the suspects confessed to possessing smuggled gold, which was in the form of cut pieces and bars, intended for sale. A subsequent search of the premises yielded cash amounting to Rs 39.50 lakh, alongside 3,540.27 grams of gold, provisionally valued at Rs 5.50 crore, and 18,827 grams of silver valued at Rs 46.69 lakh.
The seized cash and silver are believed to be the proceeds from the sale of the illicit gold. Following this, searches were conducted at the residence of one of the arrested individuals in Madanpura, where officials uncovered large bundles of Indian currency totaling Rs 3.31 crore.
Additionally, agents found equipment such as cash-counting machines, a gold weighing machine, and a gold bar cutter at the suspect's home. A notebook containing accounts linked to suspected smuggling transactions was also confiscated, but the accused provided no satisfactory explanation or documentation regarding the entries.
The DRI identified two suspects, M.I. Damudi and I.A. Damudi, who were reported to be involved in the smuggling operation and were intercepted while attempting to deliver a consignment of smuggled gold.
Point of View
It is imperative to recognize the DRI's swift action in addressing gold smuggling, a critical issue that undermines economic integrity and national security. This operation not only demonstrates law enforcement's commitment but also serves as a warning against such illicit activities.
NationPress
1 Jul 2026
Frequently Asked Questions
What was seized by the DRI during the operation?
The DRI seized gold and silver worth approximately Rs 6 crore, along with cash totaling around Rs 3.71 crore.
How many individuals were arrested?
Four individuals were arrested in connection with the gold smuggling operation.
Where did the operation take place?
The operation took place in Mumbai, specifically at a shop on Dhanji Street in Kalbadevi.
What equipment was found at the suspects' residence?
Officials found cash-counting machines, a gold weighing machine, and a gold bar cutter at the suspects' residence.
Who were the identified suspects in this case?
The identified suspects are M.I. Damudi and I.A. Damudi, who were reportedly involved in the smuggling operation.
