Kolkata: The Directorate of Revenue Intelligence (DRI) has busted two gold smuggling rackets in Kolkata and Siliguri, and has reportedly seized 12.5 kg of foreign-origin gold valued at Rs 4.44 crores.

An official said on Saturday said that four persons - Bapi Bairagi, Nuton Bairagi, Ashim Singha and Kumkum Singha - were intercepted at the New Jalpaiguri Railway Station Saturday and seized an amount of gold from them. The action was taken in a drive against gold smuggling syndicates.