Election squad seizes jewellery worth ₹77 crore in Chennai

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Election flying squad connected Thursday nighttime seized 381.762 kg of golden and metallic jewellery, valued astatine ₹77.29 crore, during a conveyance inspection successful Ashok Nagar, citing the deficiency of valid transport authorisation nether the Model Code of Conduct (MCC).

The interception took spot connected 11th Avenue successful Ashok Nagar, nether the T. Nagar Assembly constituency, arsenic portion of regular predetermination surveillance. The vehicle, belonging to a backstage logistics firm, was stopped for verification.

Officials said the steadfast had been permitted to transport goods utilizing a specified fig of authorised vehicles. However, the intercepted conveyance was not listed among them, and a hunt revealed a important quantity of golden and metallic jewellery.

Initial inquiries indicated that the consignment had been sourced from traders successful Sowcarpet and was being transported to the company’s bureau successful Guindy, from wherever it was to beryllium distributed to traders successful different States.

As the transport did not comply with predetermination regulations and lacked the indispensable documentation, the full consignment was handed implicit to the Income Tax Department for further investigation.

Published - March 28, 2026 01:01 americium IST

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