Mumbai: Man held with 5kg ambergris worth Rs 5 crore

MUMBAI: Over 5.5 kg of Ambergris was seized by the police from a 36-year-old man in Aarey Colony on Wednesday. Ambergris is a solid waxy substance that originates in the intestines of a sperm whale and is used for making medicines and to stabilise the scent of perfumes. The cost of the seized Ambergris is between Rs 5 to 6 crore.Based on a tip-off, the police picked up Yogesh Joshi, the accused, from Aarey. He is a shop owner from Beed and does not have a crime record in Mumbai. Cops are trying to find out where he sourced the ambergris from. “We are also in the process of identifying his associates. We will probe as to whom he intended to sell it to,” said DCP Somnath Gharge.