88 kg Gold Bars, Luxury Watches, and Cash Seized in Gujarat Following Major DRI Operation

Date:

By The Sampadak Express

In a significant operation amid the ongoing spotlight on Kannada actor Ranya Rao’s gold smuggling case, the Directorate of Revenue Intelligence (DRI) conducted a raid at a flat in Ahmedabad, Gujarat, on March 17. The search led to the recovery of 88 kilograms of gold bars and 19.66 kilograms of diamond-studded jewellery, marking a major success for authorities in the fight against smuggling.

The operation was carried out by the DRI in collaboration with Gujarat’s Anti-Terrorism Squad (ATS), focusing on a residential flat in Ahmedabad’s Paldi area. According to the Ministry of Finance, the recovered gold bars are valued at approximately ₹80 crore. Most of the gold bars bore foreign markings, suggesting they were smuggled into India.

Along with the gold, authorities also seized 19.66 kg of high-value jewellery, studded with diamonds and precious stones. Additionally, the raid uncovered 11 luxury watches, including a Patek Philippe timepiece adorned with diamonds, a Jacob & Co. watch, and a Frank Muller watch. The valuation of these items is still ongoing.

Cash amounting to ₹1.37 crore was also found in the flat during the operation.“This search is a major setback to illicit activities and highlights DRI’s ongoing efforts to combat economic crimes, safeguarding national integrity and sovereignty,” said the Ministry of Finance in a statement. The investigation into the matter is still ongoing.

This seizure follows the DRI’s recent activities, including their interception of Kannada actor Ranya Rao on March 3 at Bengaluru’s Kempegowda International Airport, where she was found carrying 14 kg of gold bars worth ₹12.56 crore.

In a separate operation on March 7, DRI officials, in coordination with the Indian Coast Guard (ICG), seized 29.954 kg of hashish oil worth ₹33 crore from a vessel en route to the Maldives. The drug shipment had been covertly loaded onto a tug vessel off the coast of Tamil Nadu’s Tuticorin, and the vessel was intercepted near Kanyakumari. Authorities arrested several individuals involved in the operation, including the gang members and a crew member who assisted in the drug trafficking.

These efforts underline the DRI’s commitment to curbing smuggling and safeguarding the nation’s economic and security interests.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

India-Pakistan Match Sparks Nationwide Protest Over Patriotism

As India gears up to face Pakistan in the...

Nepal Political Crisis: Gen Z Revolt Reshapes Democracy

📍 Kathmandu, Nepal | September 13, 2025 Nepal is witnessing...

CP Radhakrishnan Elected India’s 17th Vice President Of India with 452 Votes

India has officially elected its 17th Vice President. In...

Final Lunar Eclipse of 2025 Tonight: Timings, Sutak Rules & What to Avoid

Tonight, skywatchers across India will witness the final lunar...