Seven held, over 100 kg of smuggled gold seized
Mumbai:The Directorate of Revenue Intelligence (DRI) has claimed to have busted a massive gold smuggling racket with seizure of 106.9 kg of gold and arrest of seven persons here.
Acting on a tip-off, its sleuths seized 75 kg of smuggled gold concealed in two vehicles in Mumbai's Dongri area recently, and detained Abdul Ahad Zarodarwala, Shaikh Abdul Ahad and Shoeb Zarodarwala.
Shoeb Zarodarwala and Abdul Ahad Zarodarwala allegedly admitted that they had received a total of over 200 kg of smuggled gold from one Nisar Aliyar.
They sold smuggled gold in the wholesale market for a commission and one of their customers was Raju alias Manoj Jain who had bought around 100 kg of smuggled gold from them in the past, the two told DRI sleuths.
The sale proceeds were sent through "non-banking channels" (hawala) and they had sent Rs 12 crore through one Aaquil Fruitwala to Dubai, they allegedly revealed.
Nisar Aliyar, when summoned by the DRI, allegedly confessed that he had smuggled more than 200 kg of gold into India from Dubai by concealing it in containers of brass scrap.
Apart from Zarodarwalas, he had also sold around 30 kg of smuggled goods to one Happy Dhakad, he said.
A total of 106.9 kg of gold and Rs 1.81 crore in cash have been seized during the probe so far, the DRI said.
Aliyar, Shoeb Zarodarwala, Abdul Ahad Zarodarwala, Shaikh Abdul Ahad, Dhakad, Jain and Fruitwala were arrested and remanded in judicial custody while further probe is on, it said.
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KKR land Green for record-breaking Rs 25.20 crore; Shaw, Sarfaraz go unsold
Abu Dhabi (PTI): Kolkata Knight Riders splurged a record-breaking Rs 25.20 to land top Australian all-rounder Cameron Green even as Indian stars Prithvi Shaw and Sarfaraz Khan went unsold in the Indian Premier League players' auction here on Tuesday.
Green surpassed compatriot Mitchell Starc (Rs 24.75 crore) to become the most expensive overseas player at an IPL auction. This was after Kolkata Knight Riders and Chennai Super Kings were involved in an intense bidding war for him before the latter emerged winner.
KKR also went after Venkatesh Iyer before pulling out of the race against Royal Challengers Bengaluru, who fetched the services of the India all-rounder for Rs 7 crore.
As far as Green is concerned, his salary for the season would still be Rs 18 crore (USD 1.9 million) as the rest of the amount will go towards the BCCI's player development programme as per the rules of the auction for foreign players.
Green, who previously turned up for Mumbai Indians and Royal Challengers Bengaluru, has so far played 29 matches in the IPL to aggregate 707 runs and take 16 wickets.
Shaw, however, went unsold despite his fine run of form in the domestic circuit lately, and so was the case with Sarfaraz, who smashed a 22-ball 73 in a Syed Mushtaq Ali Trophy match for Mumbai on Tuesday.
Big-hitting South African batter David Miller was bought by Delhi Capitals for his base price of Rs 2 crore, but New Zealand swashbuckler Devon Conway, whose base price was also Rs 2 crore, went unsold in the auction.
Seasoned South African opener Quinton de Kock returned to his old base Mumbai Indians for a base price of Rs 1 crore.
A total of 359 players -- 246 Indians and 113 overseas players -- are part of the mini auction pool with the 10 franchises bidding to fill up a maximum of 77 slots, including 31 reserved for foreign players.
