The Directorate of Revenue Intelligence on Wednesday said the gold bars seized from Kannada actress Ranya Rao at Kempegowda International Airport were valued at Rs 12.56 crore. Rao is the stepdaughter of senior IPS officer Ramachandra Rao, a senior police official told PTI.
The DGP-rank officer is currently serving as the Chairman and Managing Director of the Karnataka State Police Housing and Infrastructure Development Corporation Ltd, he added.