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    HomeHyderabadHyderabad airport authorities seize gold worth Rs 50 lakh

    Hyderabad airport authorities seize gold worth Rs 50 lakh

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    On June 12th, Hyderabad airport authorities seized gold worth Rs 50 lakh from a passenger who arrived from Dubai. The passenger had hidden the gold in his rectum, a common method used by smugglers to avoid detection.

    The gold was discovered during a routine check by the customs department at the airport. The passenger was taken into custody for further investigation. According to officials, the seized gold weighed around 1.3 kg.

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    This incident highlights the ongoing issue of gold smuggling in India. The country is one of the largest consumers of gold in the world, with a significant portion of the demand being met through imports. However, high import duties and taxes have led to a thriving black market for gold smuggling.

    Smugglers often use creative methods to hide gold, including hiding it in their rectum or swallowing it in capsules. They also use various routes and modes of transportation to avoid detection, such as hiding it in baggage or using couriers.

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    The Indian government has been taking steps to curb gold smuggling, including increasing import duties and tightening security measures at airports and ports. However, smugglers continue to find ways to evade detection.

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    The seizure of gold at Hyderabad airport is a reminder of the ongoing battle against gold smuggling in India. While authorities are working hard to prevent illegal activities, it is important for individuals to be aware of the risks associated with buying or selling smuggled gold.

    Buying smuggled gold not only supports illegal activities but also poses a risk to the buyer. Smuggled gold may not be of the same quality as legally imported gold, and there is no guarantee of authenticity or purity. Additionally, individuals caught with smuggled gold face severe penalties, including fines and imprisonment.

    In conclusion, the seizure of gold at Hyderabad airport highlights the ongoing issue of gold smuggling in India. While authorities are taking steps to prevent illegal activities, it is important for individuals to be aware of the risks associated with buying or selling smuggled gold. By supporting legal channels for gold imports and sales, we can help to reduce the demand for smuggled gold and support the growth of the legitimate gold industry in India.

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    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

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