Fake ‘ED raid’: Mumbai jeweler hoodwinked; loses gold, cash worth Rs 2 cr

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MUMBAI: 4 unknown individuals masquerading as Enforcement Directorate (ED) officers raided and looted a jewelery businessman of gold and money price over Rs 2 crore, the police mentioned right here on Tuesday.

The incident occurred within the glittering Zaveri Bazar space – the hub of gold jewelery enterprise in south Mumbai, based on officers on the LT Marg police station.

The 4 individuals entered the workplace of the sufferer claiming to be ‘ED officers’, raided his premises and took away 3 kg gold price Rs 1.70 crore and Rs 25 lakh in money, earlier than decamping.

Transferring swiftly, the police have managed to apprehend two suspects who’re being interrogated even because the incident despatched shockwaves within the jewelery market.

The police are looking for the opposite two accused and have lodged a case below varied sections of the Indian Penal Code. Additional probe is underway.

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