Two arrested at Pune airport for hiding Rs 1.3 crore of foreign currency in ‘upma’ boxes
The men were travelling to Dubai on an Air India flight and had packed the money in four casseroles.Updated: Aug 09, 2017 17:20 IST
Local court sent two people to 14 days of judicial custody after they were found carrying foreign currency stuffed in packages of upma — a breakfast food. The custody was granted by chief judicial magistrate of Pune, according to the customs officials.
The two were arrested on Sunday and were identified as Nishant Vijay Yetam of Raigad and Harsha Ranglani Raju of Mumbai. They were travelling to Dubai on an Air India flight, said customs officials.
The foreign currency included $1,72,800 and €30,000 collectively worth Rs1,30,78,695, according to a statement issued by office of the commissioner of customs.
The money was packed under the steel casing, meant for heat insulation, in four casseroles carrying upma. The casseroles were sent through check-in baggage, according to the customs officials.
“All the currency was seized under the reasonable belief that the same were attempted to be smuggled out of Indian and hence liable for confiscation under provisions of the Customs Act, 1962 read with Foreign Exchange Management (Export and Import of Currency) Regulations 2015, as amended, framed under the Foreign Exchange Management Act (FEMA), 1999,” the statement read.
First Published: Aug 09, 2017 11:30 IST