Khargone Police have busted a well-organised interstate fraud gang that targeted jewellers by showing fake gold coins and fleeing with genuine ornaments and cash worth nearly ₹20 lakh. Two key accused have been arrested, and the entire cheated amount along with stolen jewellery has been recovered.
The action was carried out by Bedia Police following a detailed investigation into a complaint filed by a local jeweller. Addressing a press conference on Thursday evening, Superintendent of Police Ravindra Verma said the gang was involved in systematic fraud across multiple states by exploiting the trust of gold traders.
How the Fraud Was Carried Out
According to police, on November 28, 2025, Deepak Muchhal, proprietor of Saumya Jewellers in Bedia village, lodged a complaint stating that two men—who had earlier conducted transactions at his shop three to four times—returned and sought gold and silver jewellery along with ₹10 lakh in cash, claiming it was needed for their daughter’s wedding.
The accused introduced themselves as residents of Haryana and handed over 23 gold coins (ginnis) weighing approximately 230 grams as security. In exchange, they took genuine gold and silver ornaments and cash collectively worth around ₹20 lakh, assuring the jeweller that they would return within ten days to complete the transaction.
However, after their departure, the coins were tested and found to be fake, following which the accused went absconding.
Special Team, CCTV Analysis and Arrest
Taking the matter seriously, the SP constituted a special investigation team. With assistance from the cyber cell, police scanned over 100 CCTV footage clips, eventually identifying the accused as:
- Dharmendra, resident of Jaunai, Jait police station area, Mathura district (Uttar Pradesh), and
- Bijendra, resident of the Sohna police station area, Gurugram district (Haryana).
The accused were found to be living in a rented house in Pithampur (Dhar district) before fleeing. A coordinated interstate operation led to their arrest from Haryana and Rajasthan.
Based on their disclosures, police recovered ₹17 lakh in cash and gold and silver jewellery worth approximately ₹3 lakh, thereby fully recovering the cheated amount.
Modus Operandi Revealed
During interrogation, the accused confessed that they operated across states using fake identities, first gaining the confidence of jewellers through small, genuine transactions. Once trust was established, they executed large-scale fraud using counterfeit gold and quickly vanished.
Police Commended
Impressed by the swift and effective action, the Bedia Sarafa Association felicitated the police team and announced a reward of ₹10,000 for the police welfare fund.
Police officials have urged jewellers to exercise caution, verify gold thoroughly before transactions, and immediately report suspicious dealings to prevent such organised frauds in the future.
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