📷 Image: Wikimedia Commons / UnpetitproleX
Crime
Woman Among Three Arrested with Over 500 Gold Coins in Jammu & Kashmir
✍️ Daily Excelsior
🗓 18 Sep 2026, 07:31 PM
👁 14
Jammu & Kashmir police detained three suspects, including a woman, after seizing more than 500 gold coins.
Jammu & Kashmir police announced the arrest of three individuals, one of whom is a woman, after a raid uncovered a cache of more than 500 gold coins. The operation took place in an undisclosed location within the union territory, and the suspects were taken into custody for further questioning.
Investigators reported that the gold coins, each weighing several grams, were hidden in multiple containers and are believed to be part of an illegal hoarding network. The seized assets have been handed over to the forensic team for verification of authenticity and valuation.
Authorities said the case will be examined under the Prevention of Money Laundering Act and other relevant statutes, with the possibility of filing charges related to illegal possession of unaccounted wealth. The police have not disclosed the identities of the other two suspects or the exact value of the gold.
The incident highlights ongoing efforts by law‑enforcement agencies in the region to curb illicit financial activities and recover unaccounted assets.
Investigators reported that the gold coins, each weighing several grams, were hidden in multiple containers and are believed to be part of an illegal hoarding network. The seized assets have been handed over to the forensic team for verification of authenticity and valuation.
Authorities said the case will be examined under the Prevention of Money Laundering Act and other relevant statutes, with the possibility of filing charges related to illegal possession of unaccounted wealth. The police have not disclosed the identities of the other two suspects or the exact value of the gold.
The incident highlights ongoing efforts by law‑enforcement agencies in the region to curb illicit financial activities and recover unaccounted assets.