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Man held for trying to cheat jeweler with fake gold biscuits

Man held for trying to cheat jeweler with fake gold biscuits
Representative Image Image Credit: ANI

A 33-year-old man has been arrested for allegedly attempting to cheat a jeweler by selling him fake gold biscuits, a police official said on Thursday. Deepak Shinde, a resident of Ghatla in suburban Chembur, was arrested by Unit-12 of the Mumbai police's Crime Branch on Wednesday, the official said.

The incident came to light on Tuesday when Shinde and his aide were trying to sell 2 kg "gold" biscuits at a rate of Rs 20,000 per 10 gram, way below the existing price of around Rs 38,000, he said. They met a jeweler at Zaveri Bazar who had come to purchase gold after being contacted by the duo earlier, the official said.

During the conversation, Shinde promised to sell gold to the jeweler at a rate lower than the current market price, he said. He also showed him sample pieces of "gold" bar, the official said.

The jeweler, who had doubt about the claims made by Shinde, had earlier tipped-off Crime Branch officials, who laid a trap in suburban Dahisar, the official said. When the accused came to sell "gold" biscuits, the jeweler immediately realized they were fake. He alerted the police team, which apprehended him, he said.

During the investigation, it came to light the accused had cheated jewelers by using the same modus operandi in other parts of Mumbai and also in adjoining Navi Mumbai and Thane, he said. The man has been booked under IPC sections related to cheating and punishment for attempting to commit offenses, the official said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



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