- Ranya Rao, a Kannada actress, confessed to using hawala transactions to buy gold.
- Authorities suspect a larger smuggling network and are investigating her financial links.
- The case has shocked the film industry, raising concerns about celebrity involvement in illegal activities.
Did Ranya Rao Act Alone?
During her bail hearing, Ranya Rao admitted to transferring money through illegal channels to purchase gold. The Directorate of Revenue Intelligence (DRI) is now digging deeper into her financial records to uncover any connections to an international smuggling ring. Officials believe she may not have acted alone, and her statement has intensified the probe into how deep the network runs.
Authorities have issued a legal notice under Section 108, signaling a judicial inquiry into her financial dealings. This investigation aims to trace the source of the funds, identify other suspects, and determine if her actions violated multiple financial laws. If found guilty, she could face severe legal consequences, including imprisonment and hefty fines.
What Was Seized?
Ranya Rao was arrested at Bengaluru’s Kempegowda International Airport, where customs officials allegedly found gold bars worth ₹12.56 crore in her possession. A follow-up raid at her residence led to the discovery of gold jewelry worth ₹2.06 crore and ₹2.67 crore in cash. These findings have raised more questions about her involvement in smuggling and possible links to foreign transactions.
As the case unfolds, the film industry and the public eagerly await further developments. Will Ranya Rao’s confession expose a larger smuggling operation? Only time will tell.
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