Officials of the Customs (Preventive) Commissionerate, Vijayawada, busted foreign currency and gold smuggling racket, which has links to Andhra Pradesh and Tamil Nadu.
On a tip-off, the Customs officials took a worker of a Narsapur-based gold shop, who was carrying foreign currency, worth about ₹13.10 lakh, and gold of Dubai and Sri Lanka origin, valued at about ₹55.34 lakh, said Customs Commissioner Sadhu Narasimha Reddy.
The accused was travelling in a bus from Vijayawada to Nellore, and was arrested at Kaza toll gate on October 18. He was travelling to Chennai to purchase gold in exchange of the foreign currency.