Hubballi Sub Urban police have seized Rs 36 lakh worth of gold bars from the possession of two men who were roaming suspiciously near the Old Hubballi bus stand on Thursday afternoon.
The arrested have been identified as Manish Himmatlal Soni and Darshan Arvind Bhai Soni, both residents of Gujarat. They were roaming the city carrying 818 grams of gold bars with no proper documents for the yellow metal. It is said that they were planning to sell it in Hubballi.
Inspector Ravichandra DB and team nabbed the accused while they patrolling in their limits this afternoon. They produced the accused before the court. The police are investigating the case and are gathering information about where the duo got the bars. Was it stolen or were the stolen jewelleries melted and converted into bars?