India, April 25 -- After receiving specific intelligence that smugglers were trafficking gold from Africa to India via Mumbai airport and were planning to send the gold to a melting facility to remove foreign markings, the Directorate of Revenue Intelligence (DRI) busted the syndicate on Wednesday and seized 9.67 kg of gold in various forms.

In addition to this, the DRI also seized Indian currency notes worth Rs.1.92 crore and 1.9 lakh US Dollars, the total seizure amounted to Rs.10.48 crore.

The agency nabbed four accused persons, including two African nationals who allegedly provided gold to it via carriers, the syndicate's operator of a melting unit that processed smuggled foreign-origin gold for subsequent sale in the city and a man...