Informant who double-crossed nabbed: DRI

R S Jain said to be gold smuggling ring member; held after wife's arrest

- Somendra Sharma

The Directorate of Revenue Intelligence (DRI) has arrested two persons - R S Jain and R K Jain alias Kalia - who are alleged to be a member of a gold smuggling syndicate. What makes the action interesting is the fact that R S Jain was the DRI's informant, but apparently used to double-cross the agency.

His modus operandi was to give selective intelligence, said the officials, explaining that if there was a consignment of around 12 kg of gold, he would just inform about 5 kg. In this manner, the syndicate would ingeniously route the major chunk of the contraband without being detected, the officials added.

Based on this selective intelligence, the DRI would conduct raids and seize the gold. Meanwhile, the syndicate would retain a large quantity of the precious metal and spread false information in the market, claiming that the entire consignment had been confiscated.