Kannada actress Ranya Rao has been imposed with a penalty of ₹102 crore by the Directorate of Revenue Intelligence (DRI) in relation with a major gold smuggling case that resurfaced earlier this year.
Ranya, best known for her roles in the Kannada film industry was arrested on March 3 after she reportedly attempted to smuggle 14.2 kilograms of gold from Dubai into India via Bengaluru’s Kempegowda International Airport.
The seizure, one of the largest in recent months, sent shockwaves through Karnataka’s film and business circles. Investigators claim Rao played a central role in coordinating the smuggling operation.
Alongside Ranya, three others were arrested: businessman Tarun Kondaraju, accused of arranging transport; and jewellers Sahil Sakharia Jain and Bharat Kumar Jain, alleged to have managed the bullion’s sale and laundered proceeds via hawala channels.
All four remain lodged at Parappana Agrahara Central Prison. On Tuesday, DRI officials from Mumbai personally delivered penalty notices and charge documents to the accused, invoking provisions under the Foreign Exchange Regulation Act and the Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA).
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