The suspects, who took the sea route, were nabbed when they were about to hand over 3.4 kg of gold worth about Indian Rs. 1.03 crore to an agent.
In another case, the DRI officials seized Indian Rs. 34.89 lakh from two passengers bound for Singapore via Colombo.
DRI officers also seized around Indian Rs. 67.5 lakh from three passengers who arrived from Singapore on Wednesday night.
Following a tip-off, a team intercepted Iqbal, Zahir Hussain and Ibrasama Maideen who were in possession of the currency concealed in knee pads. One of them had planned to smuggle the money to Singapore and took a flight the previous day. However, due to some problems in landing, he chose to return to Chennai and tried to clandestinely pass through the Customs.
They were arrested under the Customs Act and Foreign Exchange Management Act. (Colombo Gazette)