Interstate gang held for swapping fake gold at Jubilee Hills Jewellery store
Jubilee Hills police arrested three members of an interstate gang for cheating a jewellery shop by swapping genuine gold with fake ornaments. The accused escaped with jewellery and cash worth Rs 10 lakh before being tracked through CCTV footage.
Hyderabad: The Jubilee Hills police have arrested three members of an interstate gang based in Tamil Nadu for cheating a city jewellery store by replacing genuine gold ornaments with fake ones. The suspects include two women from Tamil Nadu and a local accomplice who assisted them in executing the fraud.
As per information available, the incident occurred on January 14 at a jewellery shop on Road No 36, where the suspects posed as customers seeking to exchange old gold for new ornaments. Taking advantage of the verification process, they allegedly swapped the original gold with the fake jewellery and escaped with new ornaments and cash worth nearly Rs 10 lakh.
Following a complaint from the management, the Jubilee Hills police booked a case and tracked the suspects with the help of surveillance cameras and nabbed them near Umdanagar.
Officials said the gang had used the same modus operandi at multiple jewellery shops across Telugu States.
