Man held for misappropriating gold jewellery using fake bills

: A 29-year-old man employed at a city-based jewellery firm was arrested for allegedly misappropriating its gold and diamond jewellery, police said Monday.

G Vivek, a sales executive, misappropriated gold and diamond jewellery weighing about 4 kg by submitting fake bills as if it was delivered to different shops and showrooms, police said based on a complaint lodged by the firm's owner.

He allegedly mortgaged 1 kg gold with a Finance firm and got other gold ornaments melted and kept the diamonds with him at his house for later disposal, a police release said.

Three kg gold ornaments worth Rs 1 crore were seized from him, police added.