The proprietor of a jewellery shop in Nagarathpet registered a complaint on the Cottonpet police station. He told the police that his nephew, who was carrying the jewelry home, was robbed by a motorbike duo. From the time the gold was brought to the shop to the time it was packed, everything was recorded. He made positive that the nephew’s act of leaving the store and carrying the bag was recorded.
One of the nephews came out of the station and took the bag with the gold into one other car. When he arrived at the location, he and some others acted as if they were on the lookout for the criminals throughout. They contacted the police together with the bike and made a criticism.
The two minor nephews were trained silver jewellery for women for 15 days to hold out the plan.
A case of robbery has been solved by Cottonpet police. Police discovered that he was going to sell the gold and declare the insurance. The name made on the day of the criticism was discovered by the police. They turned suspicious when the technical approach did not work and tracked the calls made by the man and his nephew.
The Thieves Fled With 20 Tola Gold
Many shoppers chose to reap the advantages of historic high gold costs so as to enhance the quantity of recycling. According to the World Gold Council’s Gold Demand Trends report, India’s gold demand faced a downturn in the second quarter of 2023. The total gold consumption for the quarter was down by 7% in comparison with the identical period within the previous year.
A Jeweller Faked A Robbery Of Rs 4 Cr Gold To Claim Insurance
The record high rupee gold prices, which negatively impacted affordability and consumer sentiment, had been one of many components that contributed to the decline in jewellery demand. There was a quick but notable impact on gold demand following the ban of two,000 notes in the course of the quarter. Gold recycling saw a significant improve in Q in comparability with the identical period within the previous year.
As instructed, the nephews carrying the bag reached the planned spot on the flyover and called Raju. They hid the bag with the gold inside the boot area of their scooter. After that, he referred to as an unknown person and gave the police a clue. He confirmed the robbery shall be staged on the Sirsi Circle flyover the place no cameras are installed. The whole scene of packing the jewelry within the evening was captured by the cameras.