DRI sells Rs 1cr gold seized in Mumbai, lands in HC dock

The Bombay High Court has asked for explanations from two senior officers of the Directorate of Revenue Intelligence (DRI) following allegations that gold seized from a jewelry shop was sold by the DRI. The court was hearing a petition by Choksi Arvind Jewellers, who had submitted all necessary documents regarding the purchase of the gold. The DRI had not released the gold despite letters requesting its release. The court has adjourned the hearing to consider the legality of the DRI's actions and potential compensation for the petitioner.

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