Mangaluru: In one of the biggest seizure of Gold of the decade in Mangalore, 5 Kgs and valued at Rs. 2 Crores was seized at the Air Cargo Complex, Mangaluru.
Acting on a tip-off the officers of Directorate of Revenue Intelligence (DRI) Bangalore and Mangalore in a co-ordinated effort unraveled a unique modus of smuggling of gold through Air Cargo Complex, at old airport, Bajpe Mangalore on Monday.
The smuggled gold was concealed in 5 metal sprockets which were imported by M/s Swaroop Mineral Pvt Ltd of Udupi in the name of “mining conveyor drive chain”.
The gold was deftly concealed inside the heavy metal sprockets by way of a groove and gave only slight hint of tampering on physical examination. The scanning of the said wheels added to the suspicion and finally the officers could retrieve the gold with the help of local mechanic and lathe machine at Bajpe.
On examination by the authorized Jeweller, 05 round plates weighed 4,995 grams by net weight after discounting the weight of aluminium coating. The gold pieces were found to be of 24 Karat purity and their current market value was placed at around 2 Crores.
The contraband gold was later seized by the officers of DRI under the provisions of the Customs Act, 1962. The active director of M/s. Swaroop Mineral Resources Shri Manohar Kumar Poojari involved in the case was arrested at Bangalore on the same day in a co-ordinated effort by DRI Bangalore.
Shri Lohith Shriyan, a person hailing from Ashoknagar looking after the logistics of smuggling was also arrested by DRI Mangalore.
Further investigation in the smuggling case is in progress to unearth the other members of the syndicate and the investors in the case.

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Mumbai (PTI): Ryan Rickelton's whirlwind unbeaten ton was overshadowed by Heinrich Klaasen's unbeaten 65 as Sunrisers Hyderabad defeated Mumbai Indians by six wickets in an IPL match here on Wednesday.
Chasing an imposing 244-run target, Travis Head (76 off 30) and Abhishek Sharma (45 off 24) shared 129 runs for the opening wicket to set the platform for SRH.
Klaasen (65 not out off 30 balls) then displayed his all-round hitting abilities to guide SRH home with the help of Nitish Kumar Reddy (21) and Salil Arora (30 not out off 10) in 18.4 overs.
Earlier, Rickelton's knock powered MI to 243 for five.
MI rode on a 93-run stand between Rickelton (123 not out off 55 balls) and Will Jacks (46 off 22) in 7.1 overs for the opening stand to power the side.
MI skipper Hardik Pandya scored a valuable 31 off 15 balls before being dismissed.
Praful Hinge (2/54), Eshan Malinga (1/29), Sakib Hasan (1/39) and Nitish Kumar Reddy (1/31) were the wicket-takers for SRH.
Brief Scores:
Mumbai Indian: 243 for 5 in 20 overs (Ryan Rickelton 123 not out; Praful Hinge 2/54).
Sunrisers Hyderabad: 249 for 4 in 18.4 overs (Travis Head 76, Heinrich Klaasen 65 not out; AM Ghazanfar 2/51).
