Ranya smuggled 49.6 kg gold, moved ₹40.13 crore via hawala, says accused

INVESTIGATION by the Directorate of Revenue Intelligence (DRI) revealed that Sahil Sakaria Jain, accused No. 3, had assisted and abetted actress Harshavardhini Ranya, accused No. 1, in disposing of 49.6kg of gold, worth around ₹40.13 crore.

- YATHIRAJU @Bengaluru

The DRI also stated before the Special Court for Economic Offences that Jain had accepted that he had assisted Ranya in transferring ₹38.39 crore of hawala money to Dubai, and transferred hawala money of ₹1.73 crore to Ranya in Bengaluru, with a five-step process for each transaction.

DRI also stated that ₹2.67 crore seized from Ranya's residence is likely hawala money she had received as profit from purchasing gold in Dubai and selling it in Bengaluru. Jain also informed DRI that Ranya had saved his contact number on her mobile as 'Au Bangalore Dispatch Newton', and admitted that he was receiving a commission of ₹55,000 for each transaction.