Man Arrested for Cheating Jewelers, Rs 2.3 Crore Gold Bars Seized

• A 46-year-old man, Jeevaram Vani Chaudhary, was arrested in Thane for allegedly cheating jewelers.
• Gold bars worth Rs 2.3 crore were recovered from his possession following a multi-state probe.
• Chaudhary, from Rajasthan, duped jewelers in Thane and Bhiwandi during Diwali 2025 by taking advance payments for gold and then vanishing.
• He was tracked down and arrested last month by a team led by PSI Deepak Ghuge after evading arrest by constantly changing locations.
• Investigators recovered over 1.9 kg of gold bars and Rs 17.5 lakh in cash from Rajasthan's Pali district.

Key Questions Answered

How did the police track down the accused?

The police tracked down the accused, Srinivas Louis, through a joint operation between Delhi and Mysuru police. They apprehended him in Mysuru, Karnataka.

What happens to the seized gold bars now?

Gold bars seized from a man arrested for cheating jewelers are part of an ongoing investigation. The man, Jeevaram Vani Chaudhary, was apprehended in Thane, and gold bars worth Rs 2.

Could more jewelers have been cheated?

Yes, recent incidents suggest more jewelers could be targeted. A man was arrested for cheating jewelers in Thane and Bhiwandi during Diwali 2025.