DRI and Gujarat ATS Seize ₹80 Crore in Smuggled Gold, Luxury Items in Ahmedabad Raid
The joint operation uncovered nearly 88 kg of gold bars with foreign markings, luxury watches, jewellery, and ₹1.37 crore in cash, highlighting efforts to combat international smuggling networks.
- The Directorate of Revenue Intelligence (DRI) and Gujarat Anti-Terrorism Squad (ATS) conducted a joint raid on March 17, 2025, in Ahmedabad, recovering 87.92 kg of smuggled gold valued at ₹80 crore.
- The operation also uncovered 11 high-end luxury watches, including brands like Patek Philippe and Jacob & Co, alongside 19.66 kg of jewellery studded with diamonds and other precious stones.
- Cash amounting to ₹1.37 crore was seized during the search of a residential flat in Ahmedabad's Paldi area, based on intelligence inputs from the Gujarat ATS.
- The majority of the recovered gold bars bore foreign markings, indicating their smuggled origin and links to international smuggling syndicates.
- The raid is part of broader DRI efforts to dismantle organized smuggling networks, with further investigations into the valuation of seized items and syndicate connections ongoing.