5 cheat goldsmith of gold worth Rs 1 cr | india | Hindustan Times
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5 cheat goldsmith of gold worth Rs 1 cr

A case of cheating and breach of trust was registered against five persons at the Juhu police station on Thursday. The accused, a family of five, were booked for cheating a goldsmith of 5kg gold, worth Rs 1.05 crore.

india Updated: Mar 19, 2011 01:24 IST
HT Correspondent

A case of cheating and breach of trust was registered against five persons at the Juhu police station on Thursday. The accused, a family of five, were booked for cheating a goldsmith of 5kg gold, worth Rs 1.05 crore.

The accused are also goldsmiths and run a company in Vile Parle. They specialise in making ornaments out of raw gold.

Suresh Kantilal Vaya, 52, a goldsmith residing in Vile Parle (West), alleged that between 2010 and March this year, he gave 5kg of pure gold to the accused to make ornaments, which they did not return.

Every time Vaya enquired about the ornaments, the accused would assure him of returning the ornaments as soon as they were ready, citing that the preparation of the ornaments was delayed due to several setbacks.

Vaya had been dealing with the accused for several years and hence, never suspected any foul play. However, when Vaya had given the family a total of 5kg gold and had not received any ornaments, he became suspicious of their activities.

Vaya found out that the accused had sold off the raw gold without informing him.He approached the police on Thursday and lodged a case against them.

Arun Bhagat, senior police inspector of Juhu police station said, “ No arrests have been made in the case as enquiries are being made into the allegations.”