Directorate of Revenue Intelligence vs. Sarafa market jewellers — Indore gold smuggling case

Updates

1. News19 Oct 2026

   Customers buying gold with cash in Indore under investigation, bail plea of traders rejected in 100 crore gold purchase case

   Explanation in simple terms

   What:

   A court rejected requests for release from jail for gold traders.

   Who:

   The Directorate of Revenue Intelligence is investigating, and the Madhya Pradesh court denied the traders.

   When:

   Reported on 19 Oct 2026.

   Where:

   Indore, Madhya Pradesh.

   Why:

   The traders are accused of buying gold with cash in a smuggling case.

   What it means:

   The traders must remain in custody while the investigation continues.

   Amar Ujala
2. News19 Oct 2026

   90 kg smuggled gold purchase exposed in Indore: Bullion trader bought gold worth more than 100 crores in 2-3 years, father-son's bail plea rejected

   Indore DRI raid exposes massive illegal gold smuggling racket worth crores. Follow Dainik Bhaskar Latest Updates. A major revelation has emerged in the DRI investigation into the gold smuggling case. A jeweler in Indore's Sarafa market bought 90 kg of smuggled gold over a period of two to three years.

   Explanation in simple terms

   What:

   A court rejected a request for bail from a father and son accused of gold smuggling.

   Who:

   The Directorate of Revenue Intelligence is the investigating agency and the Madhya Pradesh court is the authority. The father and son are the accused traders.

   When:

   Reported on 19 Oct 2026.

   Where:

   Indore, Madhya Pradesh.

   Why:

   The court denied bail, which is the release of an accused person from custody before their trial.

   What it means:

   The father and son must remain in jail while the investigation into the alleged smuggling continues.

   Dainik Bhaskar