ED raids multiple locations in Karnataka in Ranya Rao gold smuggling probe

The Enforcement Directorate (ED) conducted raids at multiple locations in Bengaluru and other parts of Karnataka on Thursday as part of an ongoing money laundering investigation into a gold smuggling racket.

Also read: Ranya Rao learnt to hide smuggled gold online, justifies frequent flying to Dubai

The probe stems from a case registered under the Prevention of Money Laundering Act (PMLA) following an FIR by the Central Bureau of Investigation (CBI) and a Directorate of Revenue Intelligence (DRI) inquiry. The case came to light after actor Ranya Rao was arrested by the DRI for allegedly smuggling gold.

Authorities are investigating a broader conspiracy involving smuggling networks operating through airports and the illicit financial transactions linked to the racket. Officials suspect the involvement of influential individuals, government officials, and politically connected figures.

Ranya Rao was taken into custody on March 3 after authorities seized gold bars worth ₹12.56 crore from her at Kempegowda International Airport upon her arrival from Dubai.

The actor is the stepdaughter of senior IPS officer Ramachandra Rao, who currently serves as Chairman and Managing Director of the Karnataka State Police Housing and Infrastructure Development Corporation Limited.

The ED is expected to interrogate key individuals to trace the money trail and uncover the extent of the smuggling network. Further developments in the case are awaited.