Five Hong Kong-bound foreign nationals were arrested on Wednesday by Directorate of Revenue Intelligence (DRI) at Delhi Airport for trying to smuggle $ 4,49,600 (Rs 3,25,51,040) out of India.
DRI, which is an enforcement arm of Central Board of Indirect Taxes and Customs (CBIC), stopped the five Taiwan-based passengers at the Terminal 3 of Delhi Airport. The foreign nationals were about to leave for Hong Kong when they were held. DRI officials found the money when they searched the bags of the passengers.
During the interrogation, the foreigners who arrived at in Delhi on August 25, confessed to be a part of a larger syndicate involved in smuggling of foreign origin gold into India and smuggling out of sale proceeds (foreign currency) out of India.
The five foreign nationals, who were arrested under the provisions of the Customs Act, were produced by DRI before a court on Thursday after which the court sent them to judicial custody for 14 days.