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Budhanilkantha Gold Seizure

Police seize 21.75 kg gold in Budhanilkantha

What happened

Nepal Police have uncovered an alleged gold smuggling and processing racket in Budhanilkantha, seizing about 21.75 kilograms of gold and arresting Chinese nationals.

Timeline

Network Traced to Guangzhou
Oct 10, 02:09

Police said three Chinese nationals were arrested and 21.75 kg of gold, cash, a vehicle, and processing equipment were seized from Budhanilkantha. Investigators said the ring was coordinated from Guangzhou, China, with instructions sent through WeChat.

Three Nationals Detained
Oct 09, 09:06

Police reported seizing 21.75 kilograms of gold worth Rs 546 million from a rented house in Budhanilkantha and arresting three Chinese nationals. Investigators said the suspects had rented the house to process smuggled gold into bars using machines and chemicals.

Two Arrested
Oct 09, 01:31

Kathmandu Valley Crime Investigation Office said it seized around 20 kg of suspected illegally traded gold in Budhanilkantha and arrested two Chinese nationals. Officers also recovered machinery used to melt the gold into bars.

Gold Raid Uncovered
Oct 08, 15:28

Police said they seized about 21 kg of gold from a rented house in Budhanilkantha, including 11 kg already processed and 10 kg kept for processing. Investigators said the metal may have come from China and that a Nepali citizen may also be involved.

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