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Pune: A jewellery store owner from Chintamaninagar in Hadapsar allegedly cheated several people of their gold ornaments and cash collectively valued at Rs8.7 lakh by promising handsome returns. The cheating took place between Sept 19 and Nov 6 this year. One of the customers of the jewellery store (34), a resident of Sayyednagar in Hadapsar, lodged a complaint with Kalepadal police station on Saturday. Nimbalkar said after collecting gold jewellery and cash worth a total of Rs8.7 lakh over the past few months, he shut his shop and fled.
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Senior Inspector Girisha Nimbalkar of Kalepadal police said the jewellery store owner promised handsome returns to his customers if they bought small jewellery items from him by making monthly contributions. Kalepadal police have detained the accused. “He also offered lucrative deals on gold jewellery to attract more people to invest in his monthly contribution scheme. He further accepted small gold jewellery as part of the investment. “However, our team tracked his movements in the Hadapsar area and nabbed him. Download the TOI App.