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In Short

  • Thieves and robbers have adopted a new tactic to profit from stolen gold jewellery
  • They now pawn the stolen items at private finance companies to secure loans
  • This revelation came to light during an investigation by the Satgaon police in Guwahati

Digital Desk: Thieves and robbers have adopted a new tactic to profit from stolen gold jewellery.


Instead of selling it to jewellers or in the open market, they now pawn the stolen items at private finance companies to secure loans.


This revelation came to light during an investigation by the Satgaon police in Guwahati.


On February 26, a car dealer named Mohidul Ali was kidnapped by a group of miscreants from Mathgharia in the city.


The assailants took him to Satgaon, where they assaulted him, and stole Rs 45,000 in cash with a gold chain worth Rs 2.16 lakh.


Following the incident, Ali filed a formal complaint with the police.


Acting swiftly, the Satgaon police arrested three individuals, including the mastermind Haidar Ali, along with Vishal Biswas and Sahil Ali. However, three other culprits remain at large.


During interrogation, the arrested suspects admitted to pawning the stolen gold chain at a Muthoot Finance branch in Narengi in exchange for a loan of Rs 1.5 lakh.


Acting on this confession, the police, accompanied by the miscreants, visited the finance office and directed its officials to return the stolen gold chain.


The finance company has assured the police that the chain will be officially handed over within 10 days.


Meanwhile, the victim, Mohidul Ali, has urged the police to ensure the return of his stolen gold chain and Rs 45,000 cash.


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