Youth held with gold bars worth Tk 7.2m in Sitakunda

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District police detained a youth with 12 gold bars worth Tk 7.2 million from Bhatiari bus station area under Sitakunda upazila of Chattogram district.

Firoz Hossain Mollah, officer-in-charge of Sitakunda thana, confirmed the recovery of 12 gold bars, saying the gold bars were recovered from a young man named Gautam Banik, 35, hailed from Feni district last night.

Based on secret information, a team of Sitakunda police raided the Bhatiari bus station area yesterday night and arrested Gautam Banik with the gold bars.

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OC Feroz Hossain said each bar weighs approximately 10 pounds and the market value of the gold is about Tk 7.2 million.

A case has been filed with the police station under the Special Powers Act, he added.

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