The Hindu·3 min read·medium

DRI busts gold smuggling syndicate operated by Chinese nationals; recovers gold worth ₹1.10 crore from treadmill motor

Y
Yohaan Varghese
DRI busts gold smuggling syndicate operated by Chinese nationals; recovers gold worth ₹1.10 crore from treadmill motor
AI Summary

The Directorate of Revenue Intelligence (DRI) has dismantled an international gold-smuggling syndicate involving Chinese nationals and an Indian importing firm. The group concealed a 24-carat gold bar inside the motor of a treadmill imported from Hong Kong.

Why it matters

This case highlights evolving methods used by criminal syndicates to exploit legitimate commercial supply chains for illegal smuggling operations.

Dive DeeperCreate a free account to unlock

The Directorate of Revenue Intelligence (DRI) busted an international gold-smuggling syndicate between September 3, 2026, and September 6, 2026, allegedly operated by Chinese nationals, after finding a 24-carat gold bar weighing around 692 grams worth ₹1.10 crore inside the motor of an imported treadmill at Mumbai’s Air Cargo Complex.

A Chinese national and the Indian owner of the importing firm were arrested under the Customs Act, 1962.

According to the DRI, officers intercepted and examined a consignment of treadmills imported from Hong Kong on the basis of specific intelligence. During the examination, they found an arc-shaped gold bar concealed inside the motor of one treadmill.

A DRI source said this was the first case detected by the agency in which gold had been concealed inside a treadmill, although smugglers have previously used other types of commercial consignments to conceal gold.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businessworld

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in