Operation Bullion Blaze
- 15 Nov 2025
In News:
The Directorate of Revenue Intelligence (DRI) has unearthed a major gold-smuggling and illegal melting network in Mumbai under Operation Bullion Blaze, seizing 11.88 kg of gold valued at ?15.05 crore and arresting 11 persons.
About Operation Bullion Blaze
- A focused enforcement operation targeting organised gold-smuggling syndicates and illegal bullion-melting units operating in and around Mumbai.
- Implementing Agency: Directorate of Revenue Intelligence (DRI), under the Ministry of Finance
- Objectives
- Disrupt illicit inflow of smuggled gold
- Identify and shut down unregistered gold-melting facilities
- Crack down on black-market bullion trade and associated financial crimes
Significance of the Operation
- Prevents revenue leakage caused by gold smuggling
- Helps curb illegal imports that feed the parallel economy
- Strengthens compliance and transparency in bullion markets
- Reinforces DRI’s role as India’s lead agency for customs intelligence and anti-smuggling enforcement