India, May 24 -- The Mumbai unit of the Directorate of Revenue Intelligence (DRI) recently seized 4.37 kilograms of smuggled gold, worth Rs.4.26 crore, hidden in a specially made cavity under the handrest of a car's rear seat. The anti-smuggling agency also arrested two accused persons, the driver and owner of a car that was allegedly being used to transport the smuggled gold from Mumbai to Dhule.

In a follow-up operation, the DRI subsequently recovered 85.49 kg of smuggled silver, valued at Rs.85 lakh, and Rs.74 lakh in cash that is suspected of being the proceeds of past smuggling operations, according to DRI officials.

The agency was acting on specific intelligence it had received about an unknown quantity of smuggled gold being tran...