The Centre told Parliament that the Nizam’s jewels remain under high-security RBI custody since 1995, acknowledged their cultural significance, but said no decision has been taken to shift the collection to Hyderabad for permanent public display.
The government informed the Rajya Sabha that the famed collection of Nizam’s jewels, comprising 173 pieces, continues to be safeguarded under a high-security custodial arrangement with the Reserve Bank of India. The jewels, stored in RBI vaults since 1995, remain a matter of public sentiment in Hyderabad.