The Tilaknagar Police in Dombivli registered an offence under section 420 rw 34 of the IPC against the five persons including two women and have launched a manhunt for them.
According to the complaint filed by victim Jagdish Vishe, two of the accused came to his shop on May 14 with the golden coins embossed with the name and picture of Queen Victoria. They claimed to have unearthed the coins from a construction site here.
Later during negotiations it was decided that the cost of the stock coins was around Rs 30 lakh and Vishe would give a part payment of Rs 13,50,000.
Accordingly, Vishe made the payment recently and took the delivery of the coins. However, when he once again went to check with his jeweller, they were found to be fake and made of a mixture of metals like zinc and copper.
Police identified the accused as Raju, his uncle, his brother, his wife and his sister, all of whom are at large.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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