Gold Scam Unveiled: Jewelers Duped by Multi-State Fraudster

Jeevaram Vani Chaudhary, a 46-year-old man, was arrested for allegedly cheating jewelers in Thane and Bhiwandi during the 2025 Diwali by promising high-quality gold and disappearing with advance payments. The police recovered gold bars worth Rs 2.3 crore and cash from him after a multi-state investigation.


Devdiscourse News Desk | Thane | Updated: 03-04-2026 21:26 IST | Created: 03-04-2026 21:26 IST
Gold Scam Unveiled: Jewelers Duped by Multi-State Fraudster
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  • India

A 46-year-old man was arrested on charges of cheating jewelers in Thane and Bhiwandi during Diwali 2025. The accused, Jeevaram Vani Chaudhary, allegedly promised to supply high-quality gold but disappeared after receiving advance payments.

Gold bars worth Rs 2.3 crore and cash were recovered from his possession following an extensive multi-state investigation led by the Crime Branch Unit-1, as per the police release.

Chaudhary, who hails from Rajasthan, was finally nabbed by a team led by police sub-inspector Deepak Ghuge. The team tracked him to Pali district in Rajasthan, recovering gold bars weighing over 1.9 kg and Rs 17.5 lakh in cash. Further investigations continue.

(With inputs from agencies.)

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