DRI Cracks Down on Major Gold Smuggling Operation in Mumbai
In a significant crackdown, the Directorate of Revenue Intelligence (DRI) has successfully dismantled a major gold smuggling syndicate operating in Mumbai. The operation resulted in the arrest of four individuals, including a father and his twin sons who are currently pursuing higher studies, along with the seizure of contraband and cash valued at over Rs 9 crore.
Intelligence-Led Interception Leads to Initial Seizures
Acting on specific intelligence, DRI officers intercepted two accused individuals at Mumbadevi Mansion in Kalbadevi. The duo, identified as Mohammed Ibaad Damudi and his brother Iyaad Ahmed Damudi, were allegedly delivering smuggled gold of foreign origin. They were apprehended near a shop on the second floor of Dhanji Street, Kalbadevi, while carrying a black backpack containing concealed gold intended for sale to shop owner Chhagan Lal.
During the initial search, authorities recovered a gold bar and four cut pieces wrapped in black adhesive tape. Further investigations at the premises led to the discovery of additional gold and silver bars, as well as Rs 39.50 lakh in cash. Three 100-gram gold bars were also seized from another individual present at the shop.
Massive Haul of Gold, Silver, and Cash Uncovered
A government-approved valuer confirmed that the seized gold weighed a total of 3,540.27 grams, with a provisional value of Rs 5.50 crore. The silver, weighing 18,827 grams, was valued at Rs 46.69 lakh. Simultaneously, DRI officials conducted a search at the residence of Salam Damudi, a 60-year-old man in Nagpada, where they recovered Rs 3.31 crore in cash.
In addition to the cash, authorities seized cash-counting machines, a gold weighing scale, a gold bar cutter, and a diary containing suspected records of illegal transactions. During questioning, Salam Damudi allegedly admitted to receiving Rs 3 crore as an advance payment for supplying 2 kg of smuggled gold to Chhagan Lal.
Total Seizures and Legal Actions Underway
The total seizures from this operation include smuggled gold, silver, and cash believed to be proceeds of illicit trade. All confiscated items have been taken under the provisions of the Customs Act, 1962. Officials noted that the accused provided evasive replies during interrogation and failed to disclose details about their suppliers and other members of the smuggling syndicate.
Investigations are currently underway to identify international links and fully dismantle the smuggling network. The DRI's efforts highlight a continued focus on combating organized crime and illegal trade activities in the region.
