Rough diamonds with caratage starting from 2 carats to 34 carats were put on display prior to the auction. NMDC's Panna diamond mine is the largest in Madhya Pradesh and the state accounts for 90 per cent of India's diamond resources. DC Image
Hyderabad: The Directorate of Revenue Intelligence nabbed two persons bound to Dubai at the Shamshabad airport and seized 5,569.64 carats of various qualities of diamonds, worth Rs.6.03 crore. They also seized Rs.1 lakh Indian currency and also foreign currency valued at Rs.9.8 lakh.
Based on specific intelligence, the passengers were intercepted near the boarding area, and a check of their baggage revealed diamonds which were lab grown, chemical vapour deposition and natural stones.
( Source : Deccan Chronicle. )
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