Mumbai: Five held for duping jewellers of crores by selling fakes

Sunday, 26 January 2014 - 10:45am IST | Place: Mumbai | Agency: DNA

The Mira Road police have arrested five people, including a 67-year-old woman for duping jewellers, by mortgaging or selling fake gold ornaments. The gang is allegedly involved in at least 25 cases which run into crores of rupees.

Rounds of sustained interrogation of the accused, Shamim Shaikh (39), and Samsuddina Shaikh (62), led to the arrest of their accomplices - Nadeem Shaikh (26), Sunder Venkat Rao and the kingpin of the gang Sunder Vaishnav (32) who were arrested after their attempt to dupe another jeweller landed them in the police net.

“The gang have revealed that they have duped at least 25 jewellers in Mumbai and the suburbs while they were more notorious in Mira road and Bhayander,” said a police official.

“They covered silver ornaments with gold plated water and sold it to the jewellers. After it melted, the victim realised that he had been fooled and would approach us with their complaints.

Later when the group were about to dupe a gold merchant, they were identified by one of their victims who informed the cops,” said the official.

We have registered a case under relevant sections of Indian Penal code and are investigating further, said Ramchandra Dhanpe, Investigation officer, Mira road police station.

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