India, Dec. 5 -- The Mumbai unit of the Directorate of Revenue Intelligence (DRI) on Tuesday seized 16 kilograms of Mephedrone or MD, worth Rs.24 crore in grey market, from the alleged possession of two persons, who arrived in the city from Hyderabad by bus.

In a follow-up operation, the agency nabbed three more accused from Mumbai and recovered Rs.1.93 crore in cash from them.

Mephedrone is a psychotropic substance prohibited under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985.

The agency intercepted the two accused bus passengers, in whose possession the contraband was found, after getting information that Mephedrone was being smuggled into the city from Hyderabad by two men travelling in a bus, agency sources said....