KOLKATA: A businessman in Kolkata was arrested on fees of smuggling of gold from overseas, mentioned the Directorate of Income Intelligence (DRI) on Monday.

The arrested particular person was recognized as Keshav Viswambhar Chauhan. He was arrested from his residence in central Kolkata. Smuggled gold price Rs 2 crore was seized from his procession, sources mentioned.

It’s learnt that one agent on this unlawful smuggling enterprise was arrested lately in Chhattisgarh by the sleuths and through his interrogation he named Chauhan as one the vital hyperlinks on this racket.

The DRI sleuths, sources mentioned, already have the permission of the court docket to take Chauhan to Chhattisgarh on transit remand and the method on this rely has already began.

It learnt that the primary task of Chauhan was to illegally import gold from abroad after which promote the identical at premium costs to totally different jewelry merchants in several elements of the nation.

He used to function from multiple state.

That is the second main gold seizure by the DRI sleuths inside a span of two months. In November final yr, they seized smuggled gold of market worth of round Rs 3.30 crore from close to the India – Bangladesh border space at Habra in North 24 Parganas district of West Bengal..

The gold consignment was smuggled from Bangladesh and was meant for supply to some gold jewelry manufacturing entities at Posta in central Kolkata.