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₹80 cr gold, diamond watches, ₹1.37 cr cash seized in Gujarat raid

The New Indian Express Thiruvananthapuram

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March 19, 2025

THE Directorate of Revenue Intelligence (DRI) and Gujarat ATS raided a flat in Ahmedabad and unearthed 87.92 kg of smuggled gold bars worth ₹80 crore, many bearing foreign markings, officials said on Tuesday.

- DILIP SINGH KSHATRIYA @ Ahmedabad

THE Directorate of Revenue Intelligence (DRI) and Gujarat ATS raided a flat in Ahmedabad and unearthed 87.92 kg of smuggled gold bars worth ₹80 crore, many bearing foreign markings, officials said on Tuesday. Sleuths also seized 11 luxury watches, including a diamond-studded Patek Philippe, a Jacob & Co, and a Franck Muller, along with 19.66 kg of diamond and gemstone-studded jewellery and ₹1.37 crore cash.

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