ED, Ahmedabad Zonal office has conducted search operations at various locations in Ahmedabad belonging to Mahendra Shah, Megh Shah and his associates under the provisions of the FEMA, 1999 in the matter of Gold smuggling case. During the search operations, various incriminating documents and cash amount to Rs. 23 Lakh were seized

On "28/04/2025", the "Enforcement Directorate (ED)" issued an update regarding "ED, Ahmedabad Zonal office has conducted search operations at various locations in Ahmedabad belonging to Mahendra Shah, Megh Shah and his associates under the provisions of the FEMA, 1999 in the matter of Gold smuggling case. During the search operations, various incriminating documents and cash amount to Rs. 23 Lakh were seized. The searches were conducted as part of an ongoing investigation into a gold smuggling case that had earlier resulted in the seizure of approximately 88kg of gold, luxury watches, diamond jewelry, and cash worth Rs. 1.37 crore.