HT Image
HT Image

Stolen diamonds could have been smuggled: police

Stolen diamonds worth over Rs 2.8 crore, which were among the diamond stash worth Rs 4.4 crore recovered from the house of Ajay Mehta, on Tuesday, remained unaccounted for even on Thursday.
Hindustan Times | By HT Correspondent, Mumbai
UPDATED ON JAN 21, 2011 02:31 AM IST

Stolen diamonds worth over Rs 2.8 crore, which were among the diamond stash worth Rs 4.4 crore recovered from the house of Ajay Mehta, on Tuesday, remained unaccounted for even on Thursday.

Crime branch investigators suspect these diamonds could have been smuggled or acquired in exchange for hawala transactions.

On Tuesday, Mehta, a diamond merchant, his employee Chandrasen Berde, 49, friend Shamshuddin Azmi, 47, a realty broker from Bandra and master locksmith from Bhayandar Farid Hasmi, 47, were arrested by the crime branch for breaking into lockers at the Bank Of India's Opera House branch and stealing diamonds.

Though the bank had received internal complaints (from customers) about the disappearance of the valuables and cash, the complaints never reached the police.

SHARE THIS ARTICLE ON
Close
SHARE
Story Saved
OPEN APP