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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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993-gram gold sold in Mysuru

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…

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Published December 12, 2023 · 1 min read
993-gram gold sold in mysuru

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 for the gold took place at a value of Rs. 62 lakh. However, Shamjad informed the Police that he had Rs. 50 lakh in his possession at the time of the robbery perpetrated by a gang. Intriguingly, the owner of the jewellery store, in his statement to the Kodagu Police, also confirmed the purchase of the gold from Shamjad at the said price of Rs. 62 lakh.

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