Another massive drug bust! 518 kg cocaine worth ₹5,000 crore recovered in Gujarat’s Ankleshwar

In a joint operation, Delhi Police special cell along with Gujarat Police on Sunday recovered 518 kg of cocaine during a search of a drug-related company in Gujarat's Ankleshwar.

Written By Deepak Upadhyay
Updated13 Oct 2024, 10:13 PM IST
Another massive drug bust, 518 kg cocaine worth  <span class='webrupee'>₹</span>5,000 crore recovered in Gujarat's Ankleshwar
Another massive drug bust, 518 kg cocaine worth ₹5,000 crore recovered in Gujarat’s Ankleshwar(AFP)

In a joint operation, Delhi Police special cell along with Gujarat Police on Sunday recovered 518 kg of cocaine during a search of a drug-related company in Gujarat's Ankleshwar.

Delhi police said, “Its value in the international market is around 5,000 crore...So far, a total of 1,289 kg cocaine and 40 kg hydroponic marijuana from Thailand have been recovered in this case, which is worth 13,000 crore.” 

Earlier this month, the Special Cell raided a warehouse in Delhi's Mahipalpur and busted an international drug syndicate. The police seized a consignment of 562 kilograms cocaine and 40 kilograms of hydroponic marijuana. The cocaine was worth more than 2,000 crore and said to be the biggest drug bust ever seen in the city. Based on a tip-off, the police arrested four people along with the consignment.

Also Read | How Disney’s Deadpool danced around China’s censors—cocaine, f-bombs and all

During the course of investigation, on October 10, about 208 kilograms of additional cocaine was recovered from a shop in Ramesh Nagar in Delhi. its value was more than 2,000 crore in the international market.

Delhi Police found that the drugs belonged to a company which had received them from the Ankleshwar-based pharmaceutical firm, the sources said. Delhi Police started its probe when it received information about multiple consignments of various products sent by a Dubai-based sender. The multiple consignments also included that of clothing and other apparel, were transported to Goa ports through different cargo ships.

Also Read | Meta has run hundreds of ads for cocaine, opioids and other drugs

The kingpin of the drug network planned to send the 562 kg consignment of cocaine through one of the oldest cargo ships in Dubai, reported HT. But the police were keeping a track of the suspected members of the drug network and hence, were able to track the consignment and seize it from Mahipalpur godown.

 

Also Read | Massive drug bust in Delhi: Cocaine worth ₹2,000 crore seized

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:13 Oct 2024, 10:13 PM IST
Business NewsNewsIndiaAnother massive drug bust! 518 kg cocaine worth ₹5,000 crore recovered in Gujarat’s Ankleshwar

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Adani Power share price

    523.80
    03:59 PM | 27 NOV 2024
    86.05 (19.66%)

    Bharat Electronics share price

    307.25
    03:57 PM | 27 NOV 2024
    9.45 (3.17%)

    Indian Oil Corporation share price

    138.95
    03:59 PM | 27 NOV 2024
    1.95 (1.42%)

    Adani Ports & Special Economic Zone share price

    1,199.75
    03:52 PM | 27 NOV 2024
    70.95 (6.29%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Prestige Estates Projects share price

    1,630.55
    03:29 PM | 27 NOV 2024
    -75.15 (-4.41%)

    Rainbow Childrens Medicare share price

    1,580.05
    03:29 PM | 27 NOV 2024
    -63.95 (-3.89%)

    EPL share price

    264.90
    03:47 PM | 27 NOV 2024
    -8.75 (-3.2%)

    Fortis Healthcare share price

    645.35
    03:41 PM | 27 NOV 2024
    -19.25 (-2.9%)
    More from Top Losers

    Engineers India share price

    201.45
    03:55 PM | 27 NOV 2024
    17.45 (9.48%)

    Aster DM Healthcare share price

    478.45
    03:40 PM | 27 NOV 2024
    38.7 (8.8%)

    ADANI WILMAR share price

    314.90
    03:59 PM | 27 NOV 2024
    24.55 (8.46%)

    BHARAT DYNAMICS share price

    1,118.20
    03:52 PM | 27 NOV 2024
    85.95 (8.33%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      77,245.000.00
      Chennai
      77,251.000.00
      Delhi
      77,403.000.00
      Kolkata
      77,255.000.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.90/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts