Five jewelers held on gold smuggling charge

Five jewelers, including two Indian nationals, were arrested from the capital on suspicion of their involvement in gold smuggling. The police also seized more than 5 kg gold, 56 kg silver and Rs 47.46 million from them.

According to the Metropolitan Police Crime Division, Hanumandhoka, the arrested are Aakash Kumar Bajracharya, 53 from Pokhara Sub-Metropolitan City-1, Ramesh Khadka, 38 from Dadhikot-4 of Bhaktapur, Shiva Raj Shrestha , 39 from Hasandah of Morang and Indian nationals Balu Jagannath Dhange , 48, from Sangli of Maharashtra and Naresh Agrawal , 52, from Darjeeling of West Bengal.

Acting on a tip off, police had kept a close eye on Bajracharya´s New Road-based United Gold Mart, Khadka´s Bangemudha-based Sangam Jewellers, Dhange´s New Road-based Balaji and Sons and Bauddha-based Maman Sotes for three days from Wednesday.

DSP OM Adhikari said they have sent the seized gold, silver and foreign currencies seized from them to Pulchok-based Department of Revenue Investigation. The Nepali banknotes seized from them have been sent to Kaiser Mahal-based Department of Money Laundering Investigation for further investigation.

Source: Republica