Two arrested for cheating jeweller in Bengaluru
Bengaluru (PT): Police on Tuesday said they have arrested two men for allegedly cheating a jewellery shop owner by taking gold ornaments on the pretext of selling them.
A 1.3 kg gold bar worth Rs 1.60 crore was seized from their possession, police added.
A probe began after a jeweller from Nagarathpet filed a complaint at Halasuru Gate police station on September 8.
He alleged that two known persons had, between July 28 and September 4, taken gold ornaments to sell, but neither returned them nor paid the sale amount. A case was registered based on the complaint, police said.
"During the investigation, police pursued various leads and, acting on credible information from informants, apprehended two suspects near their residence at Nehru Nagar, Seshadripuram, on October 28. Upon interrogation, both confessed to their involvement," a senior police officer said.
The accused had melted the ornaments and converted them into a gold bar kept at their residence.
"Acting on this information, police searched the house of the accused on November 5 and seized a 1.3 kg gold bar valued at Rs 1.60 crore. The accused were produced in the court on November 6 and remanded to judicial custody," the officer added.
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India moving towards becoming global economic powerhouse: Kovind
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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
