The Directorate of Revenue Intelligence (DRI) last week arrested a city resident, heading one of the units of a financial services company, at Kolkata airport on charges of smuggling a high-end watch. A subsequent search of his house in Lower Parel in Mumbai led to the recovery of 34 high-end watches collectively worth over Rs 30 crore, DRI officials said.

from Times of India https://timesofindia.indiatimes.com/city/mumbai/34-luxe-watches-worth-rs-30-crore-seized-from-mumbai-executives-home/articleshow/102047218.cms