Asif used to sell the gold to customers at discounted prices
Representational image
Hyderabad: The south zone team of the Commissioner’s Task Force arrested four persons and seized 4.19 kg gold and lakhs of rupees in Indian and foreign currency from them. The four were identified as Zafar Ahmed, 28, Syed Wajeed, 25, Arif Ali Shaik, 40, and Mohd Taheruddin, 24. The police is on the lookout for Mohd Feroz Khan, 32.
In all, the police seized 36 gold bars, Indian currency worth Rs 16 lakh, 2,500 Saudi riyals and 910 UAE dhirams from them. Police said Feroz Khan, a resident of Dubai, procured the gold and sent it to Hyderabad through carriers. Investigations showed that the gold had been smuggled by the carriers in flights to the city from Dubai.
Asif used to sell the gold to customers at discounted prices, police said. The arrested persons and the property would be handed over to the police for further investigations.
Police said the arrests were made under the supervision of Additional DCP N. Koti Reddy of the Commissioner’s Task Force.
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( Source : deccan chronicle )
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