The Narcotics Control Bureau on Saturday busted an unlicensed drug racket in Coimbatore that has been allegedly exporting drugs and psychotropic substances using online contacts to various countries since 2005.
On the tip given by the Drug Enforcement Administration,USA, a team led by the NCB Director, Davidson Devasirvatham, conducted a storming operation into the Coimbatore based company at Peelamedupudur that was engaged in online drug trading.
The modus operandi was to obtain the orders mostly from US and the bulk orders would be sourced from two pharmacies without prescriptions.The well-packed drugs would be sent to respective destinations as air-mail parcels.The trade did not have the approval of Narcotics Commissioner, Gwalior.
The company had registered with the Reserve Bank of India for trading in consumer items but trading in drugs.The firm had been operating through credit cards and a bank account at Coimbatore and the firm since 2005 had a turnover of over 2 crores.After securing the drugs locally the firm sold them at 300 % and 400 % profit.
The NCB had formed a special team in co-ordination with DEA to investigate the case further.