Overview
- Ranya Rao, arrested on March 3 for allegedly smuggling 14.2 kg of gold from Dubai, was granted default bail by the Bengaluru Special Court for Economic Offences on May 20.
- The bail conditions include a ₹2 lakh bond, two sureties, restrictions on international travel, and a prohibition on repeat offenses.
- Despite the bail, Rao remains detained under the COFEPOSA Act, which allows preventive detention for up to a year without trial to curb smuggling activities.
- Investigations revealed Rao's frequent solo trips to Dubai—34 between 2023 and 2025—raising suspicions of her involvement in a broader smuggling network.
- The case is being jointly probed by the DRI, ED, and CBI, with additional seizures from Rao’s residence including ₹2.06 crore in gold jewelry and ₹2.67 crore in cash.