Archive · 12 Nov 2025
Mumbai Rains: Over 11 kg Gold Worth Rs 15 Cr Seized in DRI Operation
Imagine people who secretly bring gold into the country, like a hidden treasure.
They have special places, like secret workshops, where they melt this gold into bars.
Then, they sell these gold bars in a secret market, not through regular shops.
The government's intelligence agency, called the DRI, found out about this secret operation.
They did a big raid called ‘Operation Bullion Blaze’ and went to these secret workshops and shops.
They caught 11 people, including the main boss and his family.
They took away all the gold and silver they found, which is worth a lot of money.
These people didn't have papers to show where the gold came from, so they were arrested and taken to court.
The Directorate of Revenue Intelligence (DRI) conducted raids in Mumbai as part of ‘Operation Bullion Blaze’.
Two illegal gold melting units and two unregistered shops linked to a smuggling racket were targeted.
A total of 11.88 kg of gold worth Rs 15.05 crore and 8.72 kg of silver worth Rs 13.17 lakh were seized.
Eleven individuals, including the alleged mastermind and his father, were arrested for involvement in the smuggling and illegal sale of gold.
The racket involved smuggling gold, melting it in covert furnaces, and selling it on the grey market without valid documentation.
- Who
- The Directorate of Revenue Intelligence (DRI) arrested 11 people, including the alleged mastermind, his father, employees, delivery boys, and an accountant.
- What
- A gold smuggling racket was busted, leading to the seizure of 11.88 kg of gold (valued at Rs 15.05 crore) and 8.72 kg of silver (valued at Rs 13.17 lakh). Two illegal melting units and two unregistered shops were raided.
- When
- Raids were conducted on Sunday, October 28, 2025. The arrested individuals were produced in court on Tuesday, October 29, 2025.
- Where
- Mumbai, with raids targeting facilities in Kalbadevi and Mazgaon.
- Why
- The accused allegedly smuggled gold, melted it in covert furnaces, and illegally sold the refined bullion on the grey market, failing to produce valid documents for their operations.
Accused
Directorate of Revenue Intelligence (DRI)
Legality of Operations
Accused
The accused failed to produce valid documents for their possession of gold and silver, indicating their operations were illegal.
Directorate of Revenue Intelligence (DRI)
The DRI busted a gold smuggling racket and seized undeclared gold and silver, deeming the operations illicit.
Nature of Gold
Accused
The accused were found in possession of gold and silver, which they had acquired through their operations.
Directorate of Revenue Intelligence (DRI)
The DRI seized smuggled gold that was melted in covert furnaces and illegally sold on the grey market.
- Operation Name
- Operation Bullion Blaze
- Value of Gold Seized
- Rs 15.05 crore
- Weight of Gold Seized
- 11.88 kg
- Weight of Silver Seized
- 8.72 kg
- Value of Silver Seized
- Rs 13.17 lakh
- Number of People Arrested
- 11
- Agencies Involved
- Directorate of Revenue Intelligence (DRI)
- Law Invoked
- Customs Act, 1962
