Home India Ministry of Finance DRI busts major trans-border gold smuggling syndicate; seize...
Date: 2026-01-07 Category: Press Release State: Union Government Country: India

DRI busts major trans-border gold smuggling syndicate; seizes gold worth over ₹40 crore and cash worth ₹2.9 crore

Issued by Ministry of Finance · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Directorate of Revenue Intelligence (DRI) successfully busted a major international gold smuggling syndicate operating between Dubai, Bangladesh, Delhi, and Agartala. Searches conducted at Delhi and Agartala on January 6th, 2026, led to the seizure of foreign-origin gold worth over ₹40 crore and cash worth ₹2.9 crore. Further investigation is in progress. **Key Points / Main Content** * **DRI Operation:** * Searches were conducted by DRI at Delhi and Agartala. * The operation targeted a well-organized international gold smuggling syndicate. * The syndicate operated between Dubai, Bangladesh, Delhi, and Agartala. * **Seizure Details:** * Over 29 kg of foreign-origin gold was seized. * Cash worth approximately ₹2.90 crore was seized, including Indian and Bangladeshi currency. * The total value of the seized gold is approximately ₹40 crore. * The seizures were made under the provisions of the Customs Act. * **Investigation Findings:** * The syndicate smuggled gold into India through the Indo-Bangladesh border with Tripura. * The gold was then transported to Delhi via domestic cargo services. * Handlers based in Dubai and Bangladesh and local operatives running jewelry shops in Agartala were actively involved. * **Arrests:** * Four members of the syndicate have been arrested. **Impact Analysis** **DRI** * **Impact:** DRI has successfully intercepted illicit gold flows, contributing to the safeguard of India’s economic and fiscal stability and ensuring a fair trading environment. * **Action Required:** Continue further investigation. **Indian Economy** * **Impact:** The interception of illicit gold flows contributes to safeguarding economic and fiscal stability and ensuring a fair and transparent trading environment. * **Action Required:** None mentioned. **Syndicate Members** * **Impact:** Arrested and subject to the provisions of the Customs Act. * **Action Required:** Legal proceedings.

Key Entities Referenced

Directorate of Revenue Intelligence (DRI): The agency that conducted the searches and busted the gold smuggling syndicate. Customs Act: The legal framework under which the gold and cash were seized. Delhi: One of the locations where searches were conducted and gold was seized. Agartala: One of the locations where searches were conducted and gold was seized. Ministry of Finance: The ministry under which DRI operates.
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Ministry of Finance DRI busts major trans-border gold smuggling syndicate; seizes gold worth over ₹40 crore and cash worth ₹2.9 crore DRI conducted searches at Delhi and Agartala and unearthed a well-organised international gold smuggling syndicate operating from Dubai and Bangladesh प्रव तथ: 07 JAN 2026 6:36PM by PIB Delhi In a major crackdown on trans-border smuggling, Directorate of Revenue Intelligence (DRI) conducted searches at Delhi and Agartala and busted a well-organised international gold smuggling syndicate, operating from Dubai and Bangladesh. The action led to the seizure of more than 29 kg foreign-origin gold and cash worth approximately ₹2.90 crore. Based on specific intelligence, on 6th January 2026, a key syndicate member was apprehended from a domestic logistics warehouse, while taking delivery of two consignments originating from Agartala, Tripura. Examination of the consignments led to the recovery of 15 kg of foreign-origin gold, bearing international refinery markings, valued at approximately ₹20.73 crore. Simultaneous searches conducted at multiple locations in Delhi and Agartala resulted in the recovery of an additional 14.2 kg foreign origin gold and ₹2.90 crore in cash, including Indian and Bangladeshi currency.Thus, a total of 29.2 kg gold, valued at approx. ₹40 crore, and cash amount of ₹2.9 crore have been seized under the provisions of Customs Act. Further, four members of the syndicate have been arrested.Investigation has revealed that the syndicate was smuggling gold into India through the Indo–Bangladesh border with Tripura, and subsequently transporting it to Delhi through domestic cargo services with the active connivance of handlers based in Dubai, Bangladesh and local operatives running jewellery shops in Agartala. By intercepting illicit gold flows, DRI continues to safeguard India’s economic and fiscal stability, and ensure a fair and transparent trading environment. Further investigation is in progress. **** NB/KMN (रलीज़ आईडी: 2212165) आगंतुक पटल : 25559 इस वज्ञ को इन भाषाओ ंम पढ़: Gujarati , Urdu , ही , Tamil , Telugu

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