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Beed Jeweller Duped of Rs 18 Lakh by Con Artists Selling Fake Gold
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News18•11-10-2026, 16:45
Beed Jeweller Duped of Rs 18 Lakh by Con Artists Selling Fake Gold
- •Three individuals cheated a jeweller in Maharashtra's Beed district out of Rs 18.15 lakh using fake gold.
- •The suspects sold gold-plated silver ornaments disguised as genuine scrap gold weighing 163 grams.
- •The incident took place on September 24 at Madan Dhotre's store in Dharur.
- •The jeweller handed over Rs 17.5 lakh in cash and silver jewellery worth Rs 65,400 before discovering the fraud.
- •Police have registered a case against the trio, including two residents from Bharatpur, Rajasthan.
Key Questions Answered
Three persons visited Madan Dhotre’s store on September 24 claiming they wanted to sell 163 gm of scrap gold, but instead handed over gold-plated silver ornaments with silver cores.
Following a complaint lodged by the victim, the Dharur police registered a case against the trio under sections 316(2) for criminal breach of trust and 318(4) for cheating under the Bharatiya Nyaya Sanhita (BNS).
Believing the valuables to be authentic scrap gold, the jeweller handed over Rs 17.5 lakh in cash along with silver jewellery worth Rs 65,400.
