Home India Ministry of Finance DRI busts trans-border gold smuggling syndicate; seizes 15 k...
Date: 2026-06-30 Category: Press Release State: Union Government Country: India

DRI busts trans-border gold smuggling syndicate; seizes 15 kg smuggled gold; four arrested

Issued by Ministry of Finance · Not Applicable

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Executive Summary & Key Takeaways

**Summary of DRI Gold Smuggling Syndicate Bust** On June 30, 2026, the Directorate of Revenue Intelligence (DRI) dismantled a major trans-border gold smuggling syndicate operating out of Delhi. The operation resulted in the seizure of 15 kg of foreign-origin gold with an estimated market value of Rs. 21.40 crore. **Operational Details and Seizures** * **Initial Interception:** DRI officers intercepted an international courier consignment from Thailand at the Delhi Courier Terminal. The shipment was addressed to a firm linked to a foreign national and was falsely declared as "worn gear." * **Concealment Method:** A search of the consignment revealed 12 kg of gold, consisting of eight disc-shaped pieces weighing 1.5 kg each, which were hidden inside mechanical gear parts. * **Follow-up Searches:** Subsequent searches conducted at the residences of the intended recipient and the alleged mastermind led to the recovery of an additional 3 kg of gold (two 1.5 kg discs). **Arrests and Investigation** Four individuals have been arrested in connection with the case. The suspects include the syndicate's mastermind, described as a repeat offender, and one foreign national. Preliminary investigations indicate that the syndicate utilized cryptocurrency to facilitate cross-border financial transfers to fund the smuggling operations. **Administrative Information** * **Reporting Authority:** Ministry of Finance / PIB Delhi * **Release Date/Time:** 30 JUN 2026, 5:03 PM * **Release ID:** 2279409 * **Visitor Count:** 1524

Key Entities Referenced

Directorate of Revenue Intelligence (DRI): The primary anti-smuggling agency of India responsible for dismantling the trans-border gold smuggling syndicate and conducting the seizures. Ministry of Finance: The central government ministry that oversees the Directorate of Revenue Intelligence. Delhi (India) and Thailand: The key geographic locations identifying the origin and destination of the international smuggling route. Crypto-currency: The digital asset class identified as the medium for cross-border financial transfers used to fund the illegal smuggling operation.
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Ministry of Finance DRI busts trans-border gold smuggling syndicate; seizes 15 kg smuggled gold; four arrested प्रव तथ: 30 JUN 2026 5:03PM by PIB Delhi In a major operation the officers of the Directorate of Revenue Intelligence (DRI) successfully dismantled a trans-border gold smuggling syndicate and seized 15 kg foreign-origin smuggled gold, valued at approximately Rs. 21.40 crore, operating from Delhi. DRI officers intercepted an international courier consignment originating from Thailand at Courier Terminal, Delhi. The consignment was in the name of a firm linked to a foreign national. A meticulous examination of the consignment declared as "worn gear", led to the recovery of eight disc- shaped pieces of foreign-origin gold, each weighing 1.5 kg, ingeniously concealed inside gear parts. In total, 12 kg smuggled foreign-origin gold was recovered from the courier consignment. Simultaneous searches conducted at the residence of the intended recipient and the alleged mastermind resulted in the recovery of two more identical disc-shaped pieces of foreign-origin gold, each weighing 1.5 kg.Four persons, including the mastermind, who is a repeat offender, and a foreign national have been arrested in relation with the case. Preliminary investigations also reveal that crypto-currency was being used to transfer the money across borders to finance the smuggling. *** NB/KMN (रलीज़ आईडी: 2279409) आगंतुक पटल : 718 इस वज्ञ को इन भाषाओ ंम पढ़: Gujarati , Urdu , ही , Tamil , Telugu

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