Home / News / India News / Article / Customs nab NRI businessman hiding gold worth Rs 3 Lakh in socks

Customs nab NRI businessman hiding gold worth Rs 3 Lakh in socks

Pharma CEO charged with attempting to evade duty; other than the gold, he was wearing a wristwatch worth Rs 20 lakh; officials also found $14,000 in his luggage

Listen to this article :

Non-resident Indian (NRI) and businessman Chirag Patel was arrested by Air Intelligence Unit (AIU) officials for allegedly carrying undeclared goods to the tune of Rs 31 lakh while exiting the green channel at the city’s international airport yesterday. The businessman arrived in Mumbai from the US via Dubai on an Emirates flight at 4 am and was intercepted by an AIU batch led by assistant commissioner Sameer Wankhede, who had received a tip-off about Patel.u00a0

The officials detained Patel and a personal check was conducted. Officials said that during the search, they found gold worth Rs 3 lakh concealed in his socks and $14,000 (or Rs 8 lakh) in cash in his luggage. He was also wearing a high-end wristwatch worth Rs 20 lakh. He was held for trying to evade duty on goods by not declaring the goods. Patel is the CEO of a leading pharmaceutical firm with offices in the city and California in the US.u00a0

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
836 public toilets for 57 Lakh women in Mumbai

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement