1 Crore Jewelry Scam: A Clever Con Leaves Meerut Jewelers Baffled

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News18•19-02-2026, 20:33
1 Crore Jewelry Scam: A Clever Con Leaves Meerut Jewelers Baffled
- •A complex 1 crore rupees jewelry scam unfolded at Raghunandan Jewelers in Meerut, leaving the business community bewildered.
- •A caller, identifying as Krishna from Delhi, arranged for a 'nephew' to select jewelry worth 99.85 lakhs, while cash was supposedly en route.
- •Four men delivered 1 crore cash, but the jeweler had already released the jewelry to the first young man, who then vanished.
- •The cash-delivering men demanded their money back, claiming no bank transfer occurred, while denying knowledge of the jewelry taker.
- •Police are investigating CCTV, call details, and the roles of all involved, as the mastermind's phone is now switched off.
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