Delhi man stages burglary at own house to repay loans, arrested
New Delhi (PTI): A 45-year-old man, who had reported a burglary at his house in Uttam Nagar, was arrested after it was found that he had staged the crime to repay his mounting debts, a police officer said on Monday.
The accused, identified as Butta Singh, worked as an AC technician and owned a shop in Sewak Park, he said.
Facing financial losses and struggling to repay loans, he allegedly stole gold jewellery from his house and reported a fake burglary, the officer added.
Deputy Commissioner of Police (Dwarka) Ankit Singh said, "Butta Singh had lodged a complaint on March 21, stating that between 3 pm and 6 pm, unidentified people had stolen a gold necklace set, a gold mangalsutra, two gold rings, a gold chain and Rs 45,000 in cash from his residence."
A case was registered at Uttam Nagar police station under relevant sections of the Bharatiya Nyaya Sanhita.
During the probe, Singh's wife told police that around the time of the incident, she had left home to buy groceries, while her husband was out for work and children in school. When she returned, the jewellery was found missing.
The DCP said investigators noted that there were no signs of forced entry, and only Singh and his wife had the house keys.
CCTV footage from the area showed no unknown persons coming to the building at the said time, but Singh himself was seen entering and leaving the house within nine minutes.
His mobile phone records revealed messages from a finance company regarding gold pledges, the DCP said.
After being confronted with the evidence, Singh confessed that he had stolen the jewellery to clear overdue loan payments. He took a loan when he purchased his shop in 2022 and later took another loan to renovate it.
Additionally, he had bought a seven-seater taxi on bank credit, but financial setbacks led him into deep debt, the officer said.
Police have recovered a gold necklace set and a gold ring from his possession. Other gold items were found to be mortgaged at a pawn shop in Uttam Nagar.
Singh has no previous criminal record, police said.
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India-Oman free trade pact to give new energy to bilateral relations: PM Modi
Muscat (PTI): Prime Minister Narendra Modi on Thursday said the Comprehensive Economic Partnership Agreement (CEPA) between India and Oman will give new confidence and energy to the bilateral relations.
Speaking at the India-Oman Business Summit here, the visiting Prime Minister said the summit will give a new direction to the India-Oman partnership.
"Today, we are taking such a historic decision, the echo of which will be heard for many decades to come. Comprehensive Economic Partnership Agreement that is, CEPA, will give our partnership new confidence and new energy in the 21st century," the prime minister said.
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He said India’s nature has always been progressive and self-driven.
Whenever India grows, it helps its friends grow as well, Modi said and added India is progressing towards becoming the world’s third-largest economy.
"This is beneficial for the entire world. However, it is even more beneficial for Oman because, in addition to being close friends, we are also maritime neighbours. Our people know each other well. We have generations of trust in our business relations, and we understand each other’s markets very well," he said.
Modi invited companies from Oman to become partner in the growth story. He said India's economy is growing at a high rate because over the past 11 years, India has not just changed policies, but has also changed its economic DNA.
He informed the gathering about the reforms, including GST and IBC, India has implemented in the recent years.
Modi arrived here on Wednesday on a two-day visit.
India-Oman bilateral trade was about USD 10.5 billion (exports USD 4 billion and imports USD 6.54 billion) in 2024-25.
#WATCH | Muscat, Oman: At the India-Oman Business Summit, PM Narendra Modi says, "Today, we are making a historic decision whose echo will be heard for decades to come. The Comprehensive Economic Partnership Agreement (CEPA) will fill us with new trust and new energy in the 21st… pic.twitter.com/NkJNADb8Rn
— ANI (@ANI) December 18, 2025
