Major gold haul in Kochi; 5 kg seized
Kochi: A major gold haul was reported at Kacheripadi in Kochi when 5 kgs of gold was seized from a flat on Monday morning. The gold was brought from Mumbai to Kochi to be distributed to various jewellery shops that have evaded tax. Police have taken two persons under custody in connection with the incident. The smuggled gold was seized on Monday morning from the 7th floor of a flat in Kacheripadi.
The shadow police with the help of tax department officials seized the smuggled gold based on a tip off given to the city police commissioner. The illegal gold was in the form of jewellery items and along with it Rs 4 lakh cash was also seized from the flat.
The seized cash and gold reached Kerala from Mumbai through train. The gold and cash were concealed in hidden pockets of a special jacket and was smuggled into Kerala. Officials informed that tax for the seized gold has not been paid.