Mangaluru, Jan 6: A 51-year-old man from Bhatkal, who was supposed to board a Dubai-bound flight has been arrested by the sleuths of the Directorate of Revenue Intelligence (DRI) at Mangaluru International Airport after he was found in possession of foreign notes.

Vinayak Bhat, deputy director, DRI, Mangaluru regional unit, said that the officials intercepted Armar following specific information.
A thorough examination of Armar's baggage revealed bundles of foreign currencies deftly concealed inside biscuit and confectionery packets.
The assorted currencies, including the US Dollar, British Pound, Euros, UAE Dirham, Saudi Riyals and Qatari Riyals amounting to Rs 25,07,162 were recovered from Armar and seized under provisions of the Customs Act, 1962, read with FEMA Rules and RBI guidelines in this regard, Bhat said.
On interrogation, Armar admitted to the offence and said that in the past, he had also been a carrier of mobile phones and confectioneries into India from the Gulf.
It was out of the proceeds of these smuggled goods that he was able to purchase a huge quantity of foreign currencies from various underground operators in Bhatkal, whose whereabouts and activities the DRI is keenly investigating to ascertain the extent of the racket, Bhat noted. The DRI is hopeful of a breakthrough regarding unauthorized currency dealers and hawala operators in the course of further investigation, he added.
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