The Cottonpet police have arrested a 22-year-old jeweller who cooked up a story of 3.7 kg of gold jewellery being stolen to claim insurance of ₹2 crore, even as he had already sold the gold and earned the same amount.
A meticulous investigation carried out by the police led to his arrest and the recovery of the sold valuables.
The accused, Raj Jain, owner of Kesar Jewellers in Nagarathpet, came to the Cottonpet police station on July 12 and complained that two of his employees were attacked and robbed by two bike-borne men who made away with a bag of gold jewellery worth ₹2 crore on city market flyover.
