Mumbai Fraud: Employee Booked For Cheating, Misappropriating Gold Worth ₹2.5 Crore In Kalbadevi
L T Marg Police have registered a case against an employee for allegedly cheating his employer and misappropriating gold ornaments weighing 2,510 grams, valued at approximately Rs 2.5 crore.

Shine Gold owner accuses employee of stealing gold ornaments worth ₹2.5 crore | Representative Image
Mumbai: L T Marg Police have registered a case against an employee for allegedly cheating his employer and misappropriating gold ornaments weighing 2,510 grams, valued at approximately Rs 2.5 crore.
Jewellery Firm Owner Files Complaint
According to the FIR, complainant Lalit Mohanlal Soni (39), owner of Shine Gold and a resident of Virar West, stated that his worker, Ramesh Ratanchand Jain, took the gold ornaments from the company’s office at Earth Mall, Vitthalwadi, Kalbadevi Road, Mumbai, but failed to return them.
Repeated Reminders Ignored by Accused
Despite repeated reminders, the accused allegedly neither returned the ornaments nor provided any explanation, leading the complainant to approach the police. Following approval from the Deputy Commissioner of Police, Zone 2, a case was registered against Jain for cheating.
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Case Registered After DCP Approval
The investigation is being carried out by PI Kale, who has visited the crime scene for further evidence collection. Police are now tracing the accused and verifying whether the stolen gold has been sold or pawned.
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