A rare substance valued highly in international markets has been seized by police. This waxy material, which comes from sperm whales, is used to make luxury perfumes last longer. It is worth a significant amount, approximately Rs 2,72,20,000.

Two people were arrested in connection with the seizure of 2 kilograms and 720 grams of this substance. The individuals, a 34-year-old and a 46-year-old, were reportedly planning to sell the contraband. Further details about the operation are available from the source.

The substance is highly prized for its ability to stabilize fragrances, which explains its high value.