Indian Coast Guard recovers 15 kg gold from sea bed off TN coast

A joint anti-smuggling operation by the Indian Coast Guard (ICG) and officials from the Directorate of Revenue intelligence (DRI) resulted in the seizure of nearly 15kg of gold from the Gulf of Mannar, off Tamil Nadu coast .

The gold was recovered from the seabed. Value of the seized gold is estimated to be around Rs 6 crore.  According to an official statement, a Coast Guard and DRI team apprehended a fishing boat and two persons on Tuesday at Mandapam in Tamil Nadu.

On basis of information received from them, Coast Guard personnel undertook a diving operation in the Gulf of Mannar and recovered one cloth package containing five black packs and brought it ashore.

The bag was found to contain 15 kg of gold worth around Rs 6.3 crore and the precious metal was handed over to DRI officials for further formalities.

Coast Guard, in a joint operation with Directorate of Revenue Intelligence, detained three fishermen on Tuesday evening south off Mandapam.

During interrogation, it was ascertained that they had dumped the consignment of gold into the sea. The Coast Guard diving team recovered 15 killograms of gold.

The seized items were handed over to the DRI for further investigations. It is said details like the reason for dropping the gold biscuits into the sea was not known.