{"id":"f-ebdaa7ae0c-9c18c7a8-de09-5d89-b498-cdd1cd1d5fa5","title":"Mumbai: Malad Police Bust Fake Gold Racket, Arrest 5 In ₹25 Lakh Fraud","description":"","timestamp":1765771665,"category":"national_v_two","headline":"Mumbai: Malad Police Bust Fake Gold Racket, Arrest 5 In ₹25 Lakh Fraud","modifiedHeadline":"Mumbai Police Arrest 5 in Gold Fraud Case","subCategories":["scid_32ea1c2f"],"region":"IN","bundleMetaData":{"bundleId":"7b48871c-c993-4956-b43d-6f46f8e1b036","bundleTitle":"Today In India","cardData":null},"iabCategoryId":"380","fcSummary":"Malad police arrested a five-member gang from Rajasthan for defrauding a Mumbai shop owner of ₹25 lakh with fake gold. The group, led by Babulal Waghela, convinced the victim he was buying genuine gold found near a Nashik temple. Police recovered ₹15.45 lakh.","summary":"Heartless fraudsters busted! Mumbai police arrest 5 in ₹25 lakh fake gold racket in Malad, leaving victims shattered and penniless.","ctaUrl":"https://trends.glance.com/newz/India_News/IN/en/freepressjournal/f-ebdaa7ae0c-9c18c7a8-de09-5d89-b498-cdd1cd1d5fa5","sourceUrl":"https://www.freepressjournal.in/mumbai/mumbai-malad-police-bust-fake-gold-racket-arrest-5-in-25-lakh-fraud/glance","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/cwmdf2IMloQ0.webp","content":"

Mumbai: Malad police have arrested an interstate gang of five for cheating shop owner Dinesh Mehta of Rs 25 lakh by selling him fake gold. The accused, primarily from Rajasthan, were arrested in Gujarat

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and Virar.

The main accused, Babulal Waghela, who is wanted in multiple cases, falsely claimed to have discovered gold while digging near a Nashik temple. The gang gained Mehta’s trust by first showing him a silver coin, then giving him genuine gold beads to test. After Mehta handed over Rs25 lakh, they gave him a necklace made of copper and nickel.

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Police traced and arrested Waghela, his wife, and three others, successfully recovering Rs15.45 lakh in cash. A fifth accused, Govind, remains wanted.

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Mumbai: Malad Police Bust Fake Gold Racket, Arrest 5 In ₹25 Lakh Fraud

SUMMARY