Man held for trying to cheat jeweller with fake gold biscuits Mumbai, Nov 7 (PTI) A 33-year-old man has beenarrested for allegedly attempting to cheat a jeweller byselling him fake gold biscuits, a police official said onThursday.
Deepak Shinde, a resident of Ghatla in suburbanChembur, was arrested by Unit-12 of the Mumbai police's CrimeBranch on Wednesday, the official said.
The incident came to light on Tuesday when Shinde andhis aide were trying to sell 2 kg 'gold' biscuits at a rate ofRs 20,000 per 10 gram, way below the existing price of aroundRs 38,000, he said.
They met a jeweller at Zaveri Bazar who had come topurchase gold after being contacted by the duo earlier, theofficial said.
During conversation, Shinde promised to sell gold tothe jeweller at a rate lower than the current market price,he said.
He also showed him sample pieces of 'gold' bar, theofficial said.
The jeweller, who had doubt about the claims made byShinde, had earlier tipped-off Crime Branch officials, wholaid a trap in suburban Dahisar, the official said.
When the accused came to sell 'gold' biscuits, thejeweller immediately realised they were fake. He alerted thepolice team, which apprehended him, he said.
During investigation, it came to light the accused hadcheated jewellers by using the same modus operandi in otherparts of Mumbai and also in adjoining Navi Mumbai and Thane,he said.
The man has been booked under IPC sections related tocheating and punishment for attempting to commit offences, theofficial said. PTI DCRSY RSY