Jaipur: A special team from the Bhilwara district police seized over 293 kg of silver ingots worth over Rs 2.22 crore during a search for a private travel company’s bus on Wednesday.
Additional SP (Bhilwara) Vimal Singh Nehra informed TOI that the police teams had received information about a large consignment of silver ingots being moved in the bus without any bills.
Acting on this information, the police teams went to the scene where the bus was parked near a hotel and questioned the driver, a courier boy, and another individual about the large quantity of silver ingots in the bus’s trunk. The three were detained, and the entire silver haul was seized by the police.
“We have informed the Income Tax and Commercial Tax departments about the seizure as they are the authorities responsible for such cases,” said Nehra.
The officials said that the information about the amount of silver found was shared quickly with the tax authorities. The nodal officers from the concerned departments arrived at the scene and initiated an investigation. The police officials detained the bus driver and the people transporting the silver. Officials stated that inquiries are being made to determine the source and destination of the silver.
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Additional SP (Bhilwara) Vimal Singh Nehra informed TOI that the police teams had received information about a large consignment of silver ingots being moved in the bus without any bills.
Acting on this information, the police teams went to the scene where the bus was parked near a hotel and questioned the driver, a courier boy, and another individual about the large quantity of silver ingots in the bus’s trunk. The three were detained, and the entire silver haul was seized by the police.
“We have informed the Income Tax and Commercial Tax departments about the seizure as they are the authorities responsible for such cases,” said Nehra.
The officials said that the information about the amount of silver found was shared quickly with the tax authorities. The nodal officers from the concerned departments arrived at the scene and initiated an investigation. The police officials detained the bus driver and the people transporting the silver. Officials stated that inquiries are being made to determine the source and destination of the silver.
We also published the following articles recently
GRP seizes 37kg silver jewellery worth 17 lakh from two people
37.772 kg of silver jewellery worth Rs 17 lakh was seized by the Government railway police (GRP) Bhopal during a special vehicle checking drive at Bhopal railway station. The seized silver was brought from Mathura to Bhopal. In a separate incident, illegal foreign liquor worth Rs 24,000 was seized from a man at the railway station. The accused had brought the liquor from Haryana to Bhopal. The police have taken action against the accused under the Excise Act.
37.772 kg of silver jewellery worth Rs 17 lakh was seized by the Government railway police (GRP) Bhopal during a special vehicle checking drive at Bhopal railway station. The seized silver was brought from Mathura to Bhopal. In a separate incident, illegal foreign liquor worth Rs 24,000 was seized from a man at the railway station. The accused had brought the liquor from Haryana to Bhopal. The police have taken action against the accused under the Excise Act.
Gold plunges Rs 350; silver declines Rs 300
Gold prices in New Delhi dropped by Rs 350 to Rs 60,150 per 10 grams due to weak international market cues. Silver prices also declined by Rs 300 to Rs 74,000 per kg. In global markets, both gold and silver were quoting lower at $1,912 per ounce and $22.50 per ounce, respectively. Analysts believe that gold failed to capitalize on previous gains as traders locked in their profits after a recent rally in prices.
Gold prices in New Delhi dropped by Rs 350 to Rs 60,150 per 10 grams due to weak international market cues. Silver prices also declined by Rs 300 to Rs 74,000 per kg. In global markets, both gold and silver were quoting lower at $1,912 per ounce and $22.50 per ounce, respectively. Analysts believe that gold failed to capitalize on previous gains as traders locked in their profits after a recent rally in prices.
Gold jumps Rs 500; silver rallies Rs 1,000
Gold prices in India rose by Rs 500 to reach Rs 60,650 per 10 grams, driven by strong global cues. The surge in prices was attributed to a positive trend in the overseas market. Similarly, silver prices also increased by Rs 1,000 to reach Rs 74,700 per kilogramme. In international markets, gold and silver were trading higher at $1,937 per ounce and $23.10 per ounce, respectively. The demand for safe-haven assets intensified due to the widening turmoil in the Middle East.
Gold prices in India rose by Rs 500 to reach Rs 60,650 per 10 grams, driven by strong global cues. The surge in prices was attributed to a positive trend in the overseas market. Similarly, silver prices also increased by Rs 1,000 to reach Rs 74,700 per kilogramme. In international markets, gold and silver were trading higher at $1,937 per ounce and $23.10 per ounce, respectively. The demand for safe-haven assets intensified due to the widening turmoil in the Middle East.
