Police have arrested eight persons in possession of uranium worth around Rs 1 billion from Hotel Hyatt in Boudha.

Acting on a tip off, a joint team deployed from the Nepal Police headquarters in Naxal and Metropolitan Police Circle, Boudha nabbed them with the uranium.

The team arrested Bhupendra Khadka (34) of Sindhupalchok and currently residing at Kapan and Nawaraj Mahat (60) of Lalitpur with  2.8 kg of uranium from a  car (Ba 5 Cha 8209) parked in Hotel Hyatt.

During the interrogation, the duo said that they brought the uranium from India and the market price of one kg of uranium is Rs 350 million. police said.

After the interrogation, police apprehended six others involved in the illicit trading of uranium.

Police identified the detainees as Ram Krishna Lamichhane (40) of Sindhupalchok and currently residing at Mahankal, Gopi Lal Das (40) of Siraha and presently living at Thamel, Jibacha Narayan Yadav (55), Surendra Prasad Chaudhary (38) of Mahottari and currently living at Shivachok, Gokarneshwor Municipality, Raju Thakur (44) of Mahottari and  Upendra Kumar Mishra (63) of Bihar, India.

Police are further investigating into the case, SP Dinesh Raj Mainali said.