Navi Mumbai: 41-Year-Old Tries To Secure 4 Lakh Loan With Fake Mangalsutra At Muthoot Fincorp In Kharghar; Held

Navi Mumbai: 41-Year-Old Tries To Secure 4 Lakh Loan With Fake Mangalsutra At Muthoot Fincorp In Kharghar; Held

During the verification process, Muthoot Fincorp subjected the mangalsutra to a touchstone test, revealing its inauthenticity.

Amit SrivastavaUpdated: Tuesday, October 17, 2023, 02:34 PM IST
article-image
Navi Mumbai: 41-Year-Old Tries To Secure 4 Lakh Loan With Fake Mangalsutra; Held In Khargar | Pexels

Kharghar police have arrested a 41-year-old man on charges of obtaining a loan by pledging counterfeit jewelry at Muthoot Fincorp in Kharghar. The financial institution detected the fake mangalsutra and promptly alerted the police.

The incident

The accused, identified as Sumedhkumar Sivannandan, visited the Muthoot Fincorp office situated in Kharghar's Sector 21 to secure a loan amounting to Rs 4 lakh. During the verification process, Muthoot Fincorp subjected the mangalsutra to a touchstone test, revealing its inauthenticity.

Consequently, Sivannandan was apprehended and handed over to the Kharghar police, who have since filed a case of cheating against him.

RECENT STORIES

Thane Road Accident: Tanker Driver Loses Control, Crashes Into Truck On Ghodbunder Road; Rescued...

Thane Road Accident: Tanker Driver Loses Control, Crashes Into Truck On Ghodbunder Road; Rescued...

Navi Mumbai News: Belapur Teen Dies After Contact With Live Wire, Fall From Train Between Nerul And...

Navi Mumbai News: Belapur Teen Dies After Contact With Live Wire, Fall From Train Between Nerul And...

Thane Road Accident: Oil Tanker Crashes Into Parked Truck; One Seriously Injured

Thane Road Accident: Oil Tanker Crashes Into Parked Truck; One Seriously Injured

Navi Mumbai Crime News: Khopoli Police Arrest 6 In Takai Phata Burglary; Recover Stolen Goods And...

Navi Mumbai Crime News: Khopoli Police Arrest 6 In Takai Phata Burglary; Recover Stolen Goods And...

MHADA Konkan Board Lottery 2025: 5,285 Flats And 77 Plots Offered Across Thane, Vasai & Sindhudurg;...

MHADA Konkan Board Lottery 2025: 5,285 Flats And 77 Plots Offered Across Thane, Vasai & Sindhudurg;...