Police intelligence has found that a powerful government minister and his brother who are involved in smuggling gold to India.
The duo had been accused of being engaged in a land grabbing racket as well, sources said.
According to available information, the Minister has been using vehicles belonging to his ministry to transport gold to the airport. It was sent to India by both air and sea.
The gold taken to the airport in official vehicles were handed over to an intermediary at the BIA, the police said.
The duo and a Pettah businessman involved in the racket had to face a massive loss after the Navy took the gold into custody some time ago.
Following the detection, the businessman had been compelled to sell a building of his in Pettah to make up for the loss, the intelligence sources said.