3 held in Sri Lanka for smuggling gold

3 held in Sri Lanka for smuggling gold
Gold bars are displayed to be photographed at bullion house in Mumbai December 3, 2009. Gold struck another peak of new high of $1,224.65 an ounce on Thursday because of its investor appeal as a safe asset and Asian stocks looked past Wall Street's weak finish to eke out gains. REUTERS/Arko Datta (INDIA BUSINESS)

Colombo: The Sri Lanka Navy on Thursday caught three people for attempting to smuggle 24.2 kg of gold from the country via sea.

The three Sri Lankans were detained in the sea north of Mannar in the island’s north, Xinhua news agency reported.

The Navy said the 242 gold biscuits, each weighing 100 grams, were worth 150 million Sri Lankan rupees ($963,000). Their boat was also seized.