US national with gold biscuits worth Rs 12L nabbed at Hyderabad airport
10 Aug 2018 1:20 PM IST
The man, MSK Reddy, could not produce valid reasons for carrying the gold and the cache is estimated to be worth Rs 12.40 lakh.
Meanwhile, gold fell 0.29 per cent, to USD 1,176.80 an ounce in Singapore.
Hyderabad: A US national has been apprehended by the CISF at the airport in Hyderabad for allegedly trying to smuggle out gold biscuits worth over Rs 12 lakh, a senior official said on Thursday.
He said MSK Reddy was intercepted at the airport on Wednesday based on suspicion, he said.
Four gold biscuits, weighing about 400 grams in total, were recovered from the man who is a United States of America (USA) national. He could not produce valid reasons for carrying the gold and the cache is estimated to be worth Rs 12.40 lakh, he said.
Reddy, who was supposed to take a flight for Dallas via Dubai, has been handed over to Customs authorities for further probe, he said.
( Source : PTI )
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