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Asia India

India: Man loses money in cricket betting, steals 25kg of gold from employer to make up

30-year old along with two others have been arrested by police in Delhi



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Losing all his money in bets he placed during the Indian Premier League (IPL), this 30-year-old in India chose to steal 25 kilograms of gold from his employer, allegedly.

On Monday, police in Delhi arrested him along with his two accomplices for stealing.

The accused were identified as Bharat Nathmal Soni, Sachin Shinde who are residents of West Vinod Nagar in Delhi and Shravan, who is a resident of Sirohi district in Rajasthan, police said, according to a Hindustan Times report.

A complaint was lodged with the police that stated that Soni was working as in-charge of head office of his company in the Karol Bagh neighbourhood of Delhi and he used to carry gold jewellery from head office to branch office in Chandni Chowk. This time, the complainant said that he failed to deposit the complete amount of jewellery at the head office.

When the complainant found out, Soni went missing.

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"During investigation, it was learnt that Soni was frequently changing his location across the country. On September 25, he was arrested from Rajasthan and on his instance, Shinde and Shravan were also arrested from Delhi and Rajasthan respectively," said Mandeep Singh Randhawa, Deputy Commissioner of Police (DCP), according to Hindustan Times.

“During interrogation, Soni disclosed that he used to carry jewellery items from head office to branch office and sell these jewellery items to different jewellers,” the police official added.

In return, he had to deposit the melted gold or cash to the head office.

Police also said that he disclosed that he was fond of gambling and during IPL, he suffered major losses and to make up for them, he contacted Shinde who was engaged in melting gold ornaments, police said.

“They hatched a plan to melt the jewellery into gold metal and before depositing the gold metal or jewellery to the head office, they used to steal some quantity on the pretext that the customer will return it in some days,” the DCP said.

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Police said that efforts are being made to recover the remaining gold.

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