The Jewelry Retailer Was Robbed Of 20 Tola Gold

The owner of a jewellery shop in Nagarathpet registered a complaint at the Cottonpet police station. He advised the police that his nephew, who was carrying the jewellery home, was robbed by a motorbike duo. Everything was recorded after the gold was delivered to the store. He made sure that the nephews act of leaving the store was recorded.


The two minor nephews were trained for 15 days to hold out the plan.

Cottonpet police solved a theft that was lodged by a metropolis jeweller. Police discovered that he was going to sell the gold and claim insurance. On the day of the grievance, police discovered a name on the messaging service. They became suspicious when the technical strategy did not work and tracked the cellphone calls of the person and his nephew.

One of the nephews came out of the station and introduced the bag with the gold into another car. When he arrived on the location, he and a few others acted as if they have been looking for the robbers throughout. They contacted the police along with the bike and made a grievance.

A Jeweller Faked A Theft To Get Insurance

The increase in recycling was most likely because of customers cashing in on historic high gold prices. According to the World Gold Council’s Gold Demand Trends report, India’s gold demand faced a downturn in the second quarter of the 12 months. Despite a rise in worth, the total gold consumption for the quarter recorded a decline.

Someone Stole 20 Tola Gold From A Jewellery Retailer

The record excessive rupee gold costs, which negatively impacted affordability and shopper sentiment, was one of the elements that contributed to the decline in jewellery demand. There was a brief but notable influence on gold demand following the ban of two,000 notes during the quarter. Gold recycling saw a sharp increase in Q compared to the identical period within the previous year.

The nephews were informed to call Raju when they reached the deliberate spot on the flyover. They hid the bag with the gold in the boot area of the scooter. The police got a clue after he crystal rhinestones wholesale known as an unknown person. The robbery shall be staged on the Sirsi Circle flyover where there are no cameras. He made certain that the complete scene of packing the jewelry within the evening was captured by the cameras.