Man dupes Mumbai jeweller of Rs60 lakh over three year

Police are on the lookout for the accused.

The LT Marg police are on the lookout for a man, who duped a 60-year-old jeweller of ₹60 lakh. According to police, Jagdischandra Rawal owns a jewellery store – RV Jewellers – at Kalbadevi in Churchgate.

The 60-year-old complainant owns a jewellery store at Kalbadevi in Churchgate. (Representational photo)

Between May 7, 2015 and May 16, 2018 he gave the accused 2,071.560grams of gold ornaments, worth ₹60 lakh. Rawal had worked with the accused earlier. He gave the jewellery to the accused so he could find potential jewellers and get a good price for it in the market or find potential customers. Over the last three years, when the jeweller did not get any profits from the accused, he asked him to either return the ornaments or pay the price for them. However, the accused cut off all communication with him, after which, Rawal approached the police.

The LT Marg police then registered an FIR under Section 408 (criminal breach of trust by clerk or servant) of the IPC. A police official from the LT Marg police station said, “The accused was not found at his residence. We are on the lookout.”