Two held in connection with gold theft

Image
Press Trust of India Mumbai
Last Updated : Mar 10 2017 | 10:07 PM IST
Two persons, including a jeweller, were arrested by police allegedly in connection with the theft of gold worth Rs 80.60 lakh, an official said.
The theft had taken place at Mulund in eastern suburbs on December 28, said the official.
The property cell of Mumbai Crime Branch arrested Rajesh Murgesh Shetty (37) and jeweller Prashant Soni (36) from Malad in western suburbs on March 7, the official said.
Shetty, a history-sheeter, had allegedly committed the offence on December 28 at Gulshan Society in Mulund, said the official.
He had sneaked into the flat owned by one Subhash Jain, who deals in giving loans against mortgage of gold, and allegedly stole around 3,657 grams of gold, he claimed.
While going through the details of the case, crime branch sleuths found that security guard was not employed by the society and CCTVs too were not installed, senior police inspector of the property cell Vinayak Mer said.
It also found that, nobody was at home when the theft took place, he said.
Officials zeroed on some of the suspects, who are involved in such cases, DCP (Crime) Vinay Rathod said.
Police laid a trap at a bar in Kandivali for two days and detained Shetty on suspicion on March 7, he said.
During interrogation Shetty admitted his role in the crime and took police to jeweller Soni, to whom he had handed all the gold ornaments, the official said.
Gold that was stolen from Jain's flat has been seized, he said.
Both the accused were sent to police custody till March 14, Rathod said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Mar 10 2017 | 10:07 PM IST

Next Story