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Mumbai Crime: DRI Busts Gold Smuggling Syndicate, 3 Held With ₹3.75 Crore Foreign-Origin Gold

Mumbai, September 24, 2026: The officers of Directorate of Revenue Intelligence (DRI) Mumbai have busted a gold smuggling syndicate and arrested three persons, including a kingpin allegedly engaged in the handling and transportation of foreign-origin gold smuggled into India from Bangladesh. Those arrested have been identified as Badlapur resident P.S. Parmar (32), Kamothe resident R.R. More (39)…

Mumbai Crime: DRI Busts Gold Smuggling Syndicate, 3 Held With ₹3.75 Crore Foreign-Origin Gold

Mumbai, September 24, 2026 - The Directorate of Revenue Intelligence (DRI) Mumbai has dismantled a gold smuggling syndicate, arresting three individuals, including a suspected kingpin. The suspects, P.S. Parmar, R.R. More, and A.G. Kadam, were apprehended with gold bars valued at ₹3.75 crore. The syndicate allegedly smuggled the gold from Bangladesh via Kolkata and Guwahati, using domestic courier services.

Intelligence led to the interception of the gold bars during their transportation to the intended recipient, P.S. Parmar. The investigation is ongoing, with the DRI probing the involvement of other key members, such as hawala operators and buyers of smuggled gold.

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