Between March and May 2021, Pune-based KTMS Properties Pvt Ltd would buy art worth Rs 4.49 crore from the Robert Kidd Gallery, which is based in the United States of America – only to discover that they’d been victims of a cyber crime. While the Robert Kidd Gallery does exist, the people that KTMS had been negotiating with had been hackers whom Pune police has been unable to trace till date.
KTMS is part of the Pune-based Kalyani Group, which was established in the mid-1960s. According to Forbes, the group’s revenue is $3 billion USD and its real time net worth is $2.6 billion. Its flagship company is Bharat Forge, one of the largest forging companies in the world. KTMS is one of the smaller companies in the group and handles maintenance, repairs and decoration of the properties owned by the Kalyani Group.
