Tag: Gold

993-gram gold sold in Mysuru
News

993-gram gold sold in Mysuru

December 12, 2023

Mysore/Mysuru: K. Shamjad, the contractor hailing from Kerala, who reportedly fell victim to a robbery losing Rs. 50 lakh, is now under scrutiny as it has emerged that he actually sold 993 grams of gold (7 grams short of one kilogram) to a jewellery store situated on Ashoka Road. According to reliable sources, the transaction…

Finance company foxed with two fake gold rings
News

Finance company foxed with two fake gold rings

April 8, 2023

Mysuru, Apr. 8 (BCT)- Two persons involved in pawning fake gold against a loan with a private finance company are in a soup as the company has booked a Police case against them. Muthoot Fincorp has complained that Narasimha Murthy and Premkumar, residents of Maralagala in Srirangapatna, had pledged two gold rings weighing 20 grams…

Worker flees with gold given for polishing
News

Worker flees with gold given for polishing

January 10, 2023

Mysore/Mysuru: A gold polishing worker has cheated his owner by fleeing with 185 grams gold ornaments which was given for polishing. The incident took place at a gold polish and cutting unit on Irwin Road in city and 37-year-old M.D. Abbus Salam, is the one who has been cheated. Salam had hired five workers from…

Gold Con: Inter-State ‘cheap gold selling’ racket busted
News

Gold Con: Inter-State ‘cheap gold selling’ racket busted

January 15, 2021

Seven including one from Mysuru, three from Kerala and three from Kodagu arrested  Mysore/Mysuru: The City Police have cracked two cases of cheating where gullible people were targeted by inter-State gangs, who cheat by offering to sell gold at low prices. Seven persons have been arrested and cash amounting to Rs. 15 lakh has been…

City engineer falls prey to fake gold racket, loses Rs. 30 lakh
News

City engineer falls prey to fake gold racket, loses Rs. 30 lakh

July 20, 2020

Mysore/Mysuru: While COVID-19 has put brakes on many occupations and businesses, it has not stopped the business of cheating. An engineer, residing in city was duped to the tune of Rs. 30 lakh after being promised gold ornaments and coins worth crores of rupees at a cheaper price.  The conmen, posing as construction workers, claimed…

Pune man wears mask made of gold worth nearly Rs. 3 lakh
COVID-19, News

Pune man wears mask made of gold worth nearly Rs. 3 lakh

July 4, 2020

Pune: A resident of Pimpri-Chinchwad of Pune district, Shankar Kurade, has got himself a mask made of gold worth Rs. 2.89 lakh amid the Coronavirus  pandemic. “It’s a thin mask with minute holes so that there is no difficulty in breathing. I am not sure whether this mask will be effective,” said Kurade. Kurade loves…

Steady rise in Gold price since December 2019
News

Steady rise in Gold price since December 2019

January 12, 2020

Begins at Rs. 35,490 per 10 grams (22 carat) on Dec. 1, touches Rs. 38,600 on Jan. 8 Mysuru: Gold price in city has seen a steady increase since December 2019. It was Rs. 35,490 per 10 grams 22 carat on Dec. 1 and the price of the yellow metal on Jan. 9, 2020 was…

Sweeping for Gold !
News

Sweeping for Gold !

September 21, 2019

Mysuru:  When most of Mysuru is fast asleep, a group of men and women set out on a gold hunt on city streets that are dominated by jewellery shops like the Ashoka Road. Along the narrow alleys, they scrape a living scouring the dust and even the drains for specks of the yellow metal. Armed…

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