Pramesh S Jain
Officials of the Central Crime Branch police on Thursday busted a gold biscuit racket and arrested four persons who are making sub standard gold biscuits using osmium sponge and mixture of other alloys and sell it to jewellers after putting the seals of international brands which authenticate the purity of gold.
The accused has been identified as,Rajesh Bhosle,44,Ajay Kanthilal,19,Akshay Bajrang 26, and Hritik Babasab Salunke,19.
Joint CP Crime, Raman Gupta,told reporters,a credible information was received by CCB officers that a shop situated in Mathaji Jewellery market is indulged in cheating jewellery shop owners by putting fake seal of international brand and are making sub standard gold biscuits.
Acting on a tip off,a team of officials under the leadership of DCP,Crime-1,Dr SD Sharanappa,PI,Ravi Patil and his team swung into action and approach the shop as a customer and after getting confirmation the team raided the shop situated in Mathaji jeweler market complex situated on Nagarathpete and caught four gold smiths red handed.
During raid the officials also seized 1.7 kgs of gold,Rs.20,000 cash and seals containing the names Valcambi Suiss 100 g gold 999.0, Matalor Swixerland, 100 g 999.0,All Ethihad Dubai,UAE, 10 tolas 999.0,Agro 100g,999.0,and credit suisse 100g 999.0,seals which they used on the sub standard gold bar to make it look like mark of purity .
Investigations revealed that the accused used to deal with 3 to 5 kilos of gold to make biscuits and distribute on an average per day.
The CCB police have taken all the four accused into custody to ascertain their network and business operations.
Finally Bengaluru Police Commissioner,Kamal Pant has appreciated Joint CP Crime,Raman Gupta,DCP Crime-1,Dr SD Sharanappa,PI,Ravi Patil and other officers who has done a exemplary work in busting the fake gold biscuit racket and arrested four persons who were cheating people by putting fake international brand seals on gold biscuits a special reward will be given to the team he added.
