Gold Jewelry Swindle: Businessman Tricked Out of 25 Lakh in Aurangabad

Two suspects tricked a businessman in Aurangabad, Bihar, into handing over gold jewelry worth 25 lakh rupees. Police are reviewing CCTV footage.

KRISHNVEER SINGH23 October 20262 min read1 viewCrime
Gold Jewelry Swindle: Businessman Tricked Out of 25 Lakh in Aurangabad

In a shocking instance of daylight deception, a local businessman in Aurangabad, Bihar, was swindled of gold jewelry valued at 25 lakh rupees. The incident, which took place on Maharajganj Road, has left the local community in a state of panic as two unidentified suspects managed to manipulate the victim into handing over his valuables.

The Deceptive Trap

The victim, identified as Raghunandan Sao, a resident of Maharajganj, was on his way to a machinery parts shop on Maharajganj Road. He was wearing his gold ornaments at the time when he was intercepted by two individuals arriving on a motorcycle.

Rather than using force, the perpetrators employed a psychological trick. They approached Sao and began warning him about the risks of theft in the area, creating a sense of fear and urgency. To "protect" his valuables from potential thieves, the suspects suggested that he should place his jewelry inside a packet.

The Heist

Trusting the advice of the strangers, Raghunandan Sao followed their instructions. He placed the following items into a packet:

  • A gold chain weighing 110 grams
  • Five gold rings

The moment the jewelry was secured in the packet, the suspects seized the items and sped away on their motorcycle, leaving the businessman stunned and robbed of assets worth 25 lakh rupees.

Police Investigation Underway

Following the incident, Raghunandan Sao filed a formal complaint at the Aurangabad Nagar police station. The authorities have registered the case and launched a full-scale investigation to track down the culprits.

Tracking the Suspects

Police officials have stated that they are treating the case with high urgency. To identify the suspects and determine their escape route, the police are currently:

  • Reviewing CCTV footage from shops and establishments along Maharajganj Road.
  • Analyzing footage from the surrounding areas to map the movement of the motorcycle.

The police have expressed confidence that the perpetrators will be identified and arrested soon as the investigation progresses.

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