Actress Ranya booked under COFEPOSA Act in ₹12 crore gold smuggling case

Quick Summary:

Kannada film actress Ranya Rao has been charged under the stringent Conservation of Foreign Exchange and Prevention of Smuggling Activities (COFEPOSA) Act, 1974, in connection with a gold smuggling case.

Ranya Rao, the stepdaughter of senior police officer K Ramchandra Rao, was arrested on March 3 for allegedly smuggling 14.2 kilograms of gold valued at over Rs 12.56 crore.

She is currently lodged at the Bengaluru central prison along with two others Tarun Raju and Sahil Sakaria Jain who have also been booked under the COFEPOSA Act.

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Category: BusinessFinance

Markets: India

Topics: Hawala operations india Gold smuggling case Ranya rao gold smuggling Ranya rao arrested Dri enforcement directorate cbi Cofeposa act Bengaluru gold smuggling

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-26 @ 20:59:03 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 28217406

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