Four foreign nationals were arrested as a result of an investigation. Four people have been detained, two of whom are from South Korea and the other two from China and Taiwan.
New Delhi is the capital city of India. The Directorate of Revenue Intelligence seized over 85 kilogrammes of gold worth Rs 42 crore from New Delhi and Gurugram, according to the news agency ANI.
Officials discovered the gold after a series of searches in Chattarpur, Delhi, and the neighbouring Gurgaon district.
The gold had been smuggled in as machine parts, and it was now being melted down and sculpted into various forms.
Hong Kong air cargo was used to smuggle gold out of the country and into India. According to officials, smuggled machinery parts were melted and moulded into bar/cylinder shapes before being sold in the local market.
Four people were detained, three of whom were not citizens of the United States. According to reports, two of those detained are South Korean citizens, while the other two are Chinese and Taiwanese citizens, respectively.
The shipment, according to officials, contained electroplating machines with transformers.
EI” laminates were discovered to be gold-coated with nickel, thereby masking the identity of the gold.
Customs officials at Indira Gandhi International Airport recently seized 2.5 kg of gold worth Rs 1 crore. On November 16, officials discovered the gold under a passenger’s seat in a life jacket that had just arrived from Dubai.