Man from Mumbai booked for cheating jeweller of ₹1.37 crore

The accused, a South Mumbai resident, agreed to met the gold and make ornaments for the complainant.

The LT Marg police have booked a man for allegedly cheating a jewelry store owner of ₹1.37 crore over the course of two years. The complainant, Dhiren Sheshmal Jain, a resident of Bhayander (West) claims to have met the accused two years.

The complainant gave the accused 4,401 gm gold over two years to make ornaments. (Representational photo)

As per the deal the two struck, Jain had given 4,401 grams of gold to the accused. The accused, a South Mumbai resident, agreed to met the gold and make ornaments for Jain. Between 15th August, 2016 and 15th May, 2018, Jain gave the accused gold worth ₹1.37 crore, said the complainant. After the accused refused to hold up his end of the deal, Jain approached the police.

“We have registered a case of cheating and breach of trust against the accused based on the complaint filed by Jain. We are now tracing the accused, so we can determine the exact sequence of events and verify the complainant’s story,” said an officer from the LT Marg police station.