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Gold price rise luring chain-snatchers: Police

Sky-rocketing gold prices could see a matching rise in chain-snatching cases, police fear.

mumbai Updated: Aug 15, 2011 01:01 IST
Mohammed Thaver
Mohammed Thaver
Hindustan Times

Sky-rocketing gold prices could see a matching rise in chain-snatching cases, police fear.

On Sunday alone, three cases were reported – two men on a bike robbed 25-year-old Sonali Pawar of two gold chains, cumulatively worth Rs75,000. She was walking by the Linking road in Khar. Two other cases were reported in the Western suburbs. While 16 cases of chain snatching were reported in the first week of July, more than 22 cases were registered in the first week of August as gold prices rose. In comparison, there were 75 cases of chain snatching registered in June, which increased to 81 cases in July. As the gold prices reach newer highs, the police suspect the figures for chain-snatching cases this month may see a rise.

“As it is, two major highways run through the city and its many arterial roads, which also provide easy escape routes to criminals, especially those specialising in chain snatching. We fear that since the gold prices have risen to astronomical levels, the cases may shoot up once again”, said an officer from a police station in the central suburbs, requesting anonymity.

Senior inspector of Bhandup police station, Srirang Nadgouda said, “Small-time criminals get into chain-snatching as it does not require any major planning, procuring of weapons and does not expose them to much risk. And now rising gold prices, would make the crime all the more lucrative.” He added, “Our officers are vigilant to avoid any such incident. At the same time, we ensure that even citizens are sensitised about it.”

DCP (zone 7) Sanjay Shintre said, “We have already taken various measures like increased nakabandis to curb the menace of chain snatching.”

First Published: Aug 15, 2011 00:59 IST