With the arrest of two persons including a jeweller, the Navi Mumbai police today claimed to have solved a Rs 66 lakh jewellery heist from Kamothe area.
Joint Commissioner of Police Prashant Burde said that police also managed to recover jewellery worth Rs 18.85 lakh.
The accused were identified as Madan Kharwad (27), who owns a jewellery shop himself, and Shahnawaz Mansuri (22), a carpenter, both residents of Cheetah Camp in Mumbai.
On the night of May 17, the duo allegedly visited a jewellery shop at Kamothe in Navi Mumbai.
They allegedly attacked its owner, Sanjay Jain, with a chopper, and looted ornaments worth Rs 66 lakh and Rs 1 lakh in cash, police said.
Both were arrested on Thursday evening.
Kharwad owed money to some persons, and to pay off the debts, he allegedly hatched the plan to commit the heist with Mansuri's help, police said.
Police nabbed the duo with the help of CCTV footage, said senior police inspector Shirish Pawar. Further probe is on.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app