Pune: Faraskhana police have registered a case of cheating against a couple and their relative for cheating a city-based prominent jewellery store owner of Rs 1.55 crores between January 2025 and April this year.
Complainant Details
The jewellery store owner (64), a resident of Karvenagar, lodged a complaint with the police on Wednesday, saying that the couple is his good friend and he has known them for the past 20-25 years. The complainant's jewellery store is located on Laxmi Road. The couple and their relative run a jewellery store in the city.
How the Fraud Unfolded
According to the FIR, the duo, who were also running a jewellery business, faced losses in their business. In January 2025, the couple approached the store owner seeking his help to reshape and rebuild their business once again. According to the police, the complainant then handed over 1.5 kg of gold to the couple and their relative to help them out. The trio promised to return the gold as soon as their business flourishes.
However, their business took off but they did not return the gold. The complainant sought his gold from the couple repeatedly, but they did not return it. Following this, the complainant approached the police and lodged a formal complaint on Wednesday.
Police have registered a case under relevant sections of cheating and are investigating the matter. No arrests have been made yet.
