StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
    Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
    4 Min Read
    Bankers readying Paramount’s B debt sale for Warner Bros. – Bloomberg (PSKY:NASDAQ)
    Bankers readying Paramount’s $49B debt sale for Warner Bros. – Bloomberg (PSKY:NASDAQ)
    0 Min Read
    Trump flexes endorsement energy for Ken Paxton after ousting Cassidy
    Trump flexes endorsement energy for Ken Paxton after ousting Cassidy
    10 Min Read
    Type 13G Practical Manufacturers Inc. For: 19 Might
    Type 13G Practical Manufacturers Inc. For: 19 Might
    0 Min Read
    CleanSpark Jumps 6.1% After Macquarie Maintains Outperform
    CleanSpark Jumps 6.1% After Macquarie Maintains Outperform
    3 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    NATO assembly Sweden: Rubio to debate Europe troop ranges, defence spending, Arctic safety
    NATO assembly Sweden: Rubio to debate Europe troop ranges, defence spending, Arctic safety
    5 Min Read
    Trump Delays Iran Strike Determination After Qatar and UAE Calls on Peace Talks
    Trump Delays Iran Strike Determination After Qatar and UAE Calls on Peace Talks
    4 Min Read
    Ought to buyers fear when even optimists flip cautious?
    Ought to buyers fear when even optimists flip cautious?
    10 Min Read
    Why Gold-Backed Stablecoins Are Immediately Changing into A Massive Subject In India’s Crypto Business?
    Why Gold-Backed Stablecoins Are Immediately Changing into A Massive Subject In India’s Crypto Business?
    6 Min Read
    Face Worth change in a fund of Shriram Mutual Fund
    Face Worth change in a fund of Shriram Mutual Fund
    0 Min Read
  • Market Analysis
    Market AnalysisShow More
    CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
    CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
    3 Min Read
    The way to make investments on your daughter’s training and wedding ceremony targets
    The way to make investments on your daughter’s training and wedding ceremony targets
    8 Min Read
    Multibagger defence inventory jumps over 15% after This autumn outcomes. Alternative maintains bullish outlook with ₹365 goal
    Multibagger defence inventory jumps over 15% after This autumn outcomes. Alternative maintains bullish outlook with ₹365 goal
    5 Min Read
    How Investing.com’s AI Technique Predicted the Rally in Vedanta, Nuvama & SAIL on Might 1st
    How Investing.com’s AI Technique Predicted the Rally in Vedanta, Nuvama & SAIL on Might 1st
    6 Min Read
    Indian rupee falls in opposition to US greenback in 2026 as oil costs and outflows rise
    Indian rupee falls in opposition to US greenback in 2026 as oil costs and outflows rise
    7 Min Read
  • Trading
    TradingShow More
    Brief-Vendor Assaults Everspin Inventory — This is What You Want To Know – Everspin Applied sciences (NASDAQ:MRAM)
    Brief-Vendor Assaults Everspin Inventory — This is What You Want To Know – Everspin Applied sciences (NASDAQ:MRAM)
    3 Min Read
    Carl Icahn Beat Berkshire Final Quarter — However There’s A Catch
    Carl Icahn Beat Berkshire Final Quarter — However There’s A Catch
    2 Min Read
    Why Each EA Vendor Wants an MT5 EA License Key Generator 
    Why Each EA Vendor Wants an MT5 EA License Key Generator 
    12 Min Read
    0 Invested In Hilton Worldwide Holdings 5 Years In the past Would Be Value This A lot At this time – Hilton Worldwide
    $100 Invested In Hilton Worldwide Holdings 5 Years In the past Would Be Value This A lot At this time – Hilton Worldwide
    1 Min Read
    ECARX Holdings Q1 2026 Earnings Name Transcript – ECARX Holdings (NASDAQ:ECX)
    ECARX Holdings Q1 2026 Earnings Name Transcript – ECARX Holdings (NASDAQ:ECX)
    37 Min Read
Reading: Cocaine smuggling syndicate busted at Chennai airport: Medicine value ₹60 crore seized; 4, together with Nigerian, arrested
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
StockWaves > Business > Cocaine smuggling syndicate busted at Chennai airport: Medicine value ₹60 crore seized; 4, together with Nigerian, arrested
Business

Cocaine smuggling syndicate busted at Chennai airport: Medicine value ₹60 crore seized; 4, together with Nigerian, arrested

StockWaves By StockWaves Last updated: September 2, 2025 3 Min Read
Cocaine smuggling syndicate busted at Chennai airport: Medicine value ₹60 crore seized; 4, together with Nigerian, arrested
SHARE


The Narcotics Management Bureau, Chennai, has arrested three individuals together with an Nigerian after busting a serious cocaine syndicate on the Chennai Airport. On the time of the arrest, the accused had been carrying 5.618 kilograms cocaine value at the least ₹60 crore, which was seized by the authorities, officers stated on Tuesday.

The NCB on September 1 carried out a joint operation with the Air Intelligence Unit, Chennai Customized, and intercepted two Indian male passengers who arrived from Addis Ababa by Ethiopian Airways on the Chennai Worldwide Airport.

In whole, the NCB arrested 4 individuals concerned within the crime.

One arrested aged 25 hails from Bageshwar, Uttarakhand, whereas the opposite passenger aged 26 resides in Chamba, Himachal Pradesh.

Scanning and examination of their hand baggage revealed compactly packed capsules suspected to comprise cocaine hid inside chocolate cans, Joint Commissioner of Customs (Chennai Airport), Sadeesh Kumar Ok stated in an official launch including the duo had been intercepted based mostly on spot profiling.

Investigation has additional disclosed involvement of an individual of Indian origin in Addis Ababa, Ethiopia who arranges the provision of cocaine and distribution of the earnings among the many syndicate members.

The NCB in a separate press launch stated that the road worth of the seized contraband, which is excessive a grade cocaine, is estimated to be at the least ₹60 crore in India.

“It has been ascertained that these individuals have made a number of journeys from Addis Ababa to varied airports in India for trafficking cocaine up to now few years,” the NCB stated.

Cocaine is offered in retail in one-gram sachets, and one-gram sachets value anyplace between ₹8,000 and ₹12,000, relying on the extent of adulteration within the cocaine.

Nigerian nationwide detained, visa overstay in query

The NCB knowledgeable that preliminary investigation has additionally revealed that the arrested Indians are half of a bigger transnational drug syndicate. The alleged syndicate is concerned in trafficking cocaine from Ethiopia to India.

The trafficked cocaine is distributed in different elements of India from Delhi, the place a Nigerian nationwide handles the distribution community.

Upon additional investigation, it was revealed that this individual was in India on a medical visa, which had already expired in 2023 and had been overstaying his visa since 2024.

“Although the Nigerian nationwide had come to India for Medical VISA for self therapy at Gleneagles HealthCity, Perumbakkam, Chennai and was overstaying, he was involving in drug trafficking and establishing a distribution channel of cocaine from Delhi,” the NCB stated.

Additional investigation is underway to determine and apprehend all members of the cocaine syndicate and verify the monetary path, the drug management company stated.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article 5 Worst Performing Flexi Cap Mutual Funds of 2025 – Is Your Cash at Danger? 5 Worst Performing Flexi Cap Mutual Funds of 2025 – Is Your Cash at Danger?
Next Article Why Is Rigetti Computing Inventory Sinking Tuesday? – Rigetti Computing (NASDAQ:RGTI) Why Is Rigetti Computing Inventory Sinking Tuesday? – Rigetti Computing (NASDAQ:RGTI)
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
Iran alone accounts for almost 80% of worldwide executions in 2025, says report
Iran alone accounts for almost 80% of worldwide executions in 2025, says report
May 20, 2026
Forward of Market: 10 issues that can resolve inventory market motion on Wednesday
Forward of Market: 10 issues that can resolve inventory market motion on Wednesday
May 20, 2026
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?
May 20, 2026
CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
CII Jharkhand meets Hemant Soren on industrial coverage and EV ecosystem growth
May 20, 2026
FYB Token Formally Launched: Constructing a Subsequent-Technology Platform Token with Deflationary Mechanism and Twin-Cycle Ecosystem
FYB Token Formally Launched: Constructing a Subsequent-Technology Platform Token with Deflationary Mechanism and Twin-Cycle Ecosystem
May 20, 2026

You Might Also Like

Donald Trump’s felony circumstances: Decide quickly blocks launch of particular counsel Jack Smith’s investigation report
Business

Donald Trump’s felony circumstances: Decide quickly blocks launch of particular counsel Jack Smith’s investigation report

5 Min Read
Maha Kumbh Mela Replace: Indian Railways operates 5 unreserved trains to Prayagraj from NDLS
Business

Maha Kumbh Mela Replace: Indian Railways operates 5 unreserved trains to Prayagraj from NDLS

7 Min Read
FPIs proceed to purchase India shares effectively into fourth month in July
Business

FPIs proceed to purchase India shares effectively into fourth month in July

3 Min Read
Watch: 7-months pregnant Delhi cop lifts 145 kg to win medal in weightlifting championship
Business

Watch: 7-months pregnant Delhi cop lifts 145 kg to win medal in weightlifting championship

3 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

Iran alone accounts for almost 80% of worldwide executions in 2025, says report
Forward of Market: 10 issues that can resolve inventory market motion on Wednesday
Up 30% this 12 months, the BP share value nonetheless seems to be undervalued regardless of oil surging. What’s the catch?

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up