A Jeweller Faked A Theft So As To Get Insurance Coverage

The Cottonpet police solved the case of the robbery. Police came upon that he was going to promote the gold and declare the insurance coverage. The call made on the day of the complaint was found by police. They grew to become suspicious when the technical strategy didn’t work and tracked the phone calls of the man and his nephew.


The document high rupee gold prices, which negatively impacted affordability and shopper sentiment, have been one of many contributing factors to the decline in jewelry demand. There was a brief but notable influence on gold demand following the ban of 2,000 notes in the course of the quarter. Compared to the identical period in the earlier yr, gold recycling saw a pointy increase in Q, with a exceptional 61% improve.

After Raids On Haryana Congress, Luxurious Vehicles, Jewellery And Cash Were Seized

The increase in recycling was most likely because of shoppers cashing in on high gold costs. According to the World Gold Council’s Gold Demand Trends report, jewellery sets for women India’s gold demand fell in the second quarter of 2023. The gold consumption for the quarter was down compared to the same period in the previous 12 months.

A Jeweller Faked A Robbery Of Rs 4 Cr Gold To Say Insurance Coverage

The nephews were informed to call Raju when they reached the deliberate spot on the flyover. They hid the bag with the gold inside the boot space of their scooter. After that, he called an unknown particular person and gave the police the clue. He confirmed that the theft will be staged on the Sirsi Circle flyover where there are not any cameras. He made certain that the entire scene of packing the jewellery at the store within the evening was captured by the cameras.

Raju Skilled His Two Minor Nephews For 15 Days To Hold Out The Plan

The two minor nephews were skilled for 15 days to carry out the plan.

One of the nephews came out of the station and took the bag with the gold into one other automotive. When he arrived on the location, he and a few others acted as in the occasion that they have been in search of the robbers throughout. They contacted the police together with the bike, after which filed a complaint.

The proprietor of a jewelry store in Nagarathpet registered a criticism at the Cottonpet police station. He advised the police that his nephew, who was carrying the jewelry home, was robbed by two bike-borne men. From the time the gold was delivered to the shop, every little thing was recorded. The nephew carrying the bag out of the shop and leaving was recorded.