New Delhi: An alleged interstate narcotics network has been busted in Srinagar with the arrest of eight people and the recovery of more than 2.19 lakh tablets and capsules of pharmaceutical drugs, along with cash, gold, a firearm and other valuables.
The operation began with the arrest of Waseem Zargar in Srinagar’s downtown area, which led investigators to several other alleged members of the network. One of the accused was subsequently arrested in Bengaluru, while further investigations are underway to identify additional links.
According to the investigation, the network allegedly procured, transported and distributed banned pharmaceutical drugs across Jammu and Kashmir and neighbouring states. The trail has reportedly extended to Chandigarh, Panchkula and Ambala, where investigators are examining pharmaceutical establishments and transport agencies allegedly connected to the supply chain.
Searches conducted during the investigation resulted in the seizure of ₹85.75 lakh in cash, along with 108 gold coins, gold biscuits and other gold articles. A .32 calibre pistol with two empty magazines and a dagger were also recovered.
Investigators have also examined bank accounts and lockers linked to the accused. A locker associated with Zargar reportedly contained around ₹65 lakh in cash and gold valued at approximately ₹2.20 crore. Several other bank accounts linked to the suspects have also been seized, with preliminary assessments indicating around ₹1.07 crore in those accounts.
Authorities are examining the financial transactions of the alleged network as part of the wider investigation. Pharmaceutical companies and establishments in Chandigarh, Panchkula and Ambala are also being scrutinised.
Investigators are checking drug licences, purchaser information, invoices and payment records for possible irregularities. The probe is continuing to establish the full extent of the alleged narcotics network and its interstate connections.
