SRINAGAR: Police in south Kashmir’s Anantnag district on Monday arrested an alleged fraudster in connection with a Rs 12 lakh cheating case involving the false promise of supplying gold coins at discounted rates, officials said.
The accused, identified as Sajad Ahmad Beigh, son of Lassa Beigh and a resident of Draway, Larnoo, was arrested in connection with FIR No. 27/2026 registered at Police Station Larnoo under Sections 318(4), 351(2) and 61(2) of the Bharatiya Nyaya Sanhita (BNS).
According to police, the case was registered after a Srinagar resident alleged that the accused, along with his associates, fraudulently induced him to part with Rs 12 lakh on the pretext of supplying gold coins at discounted rates.
Police said that during the planned transaction, the complainant was allegedly intercepted at a naka, where the purported gold coins were taken away as part of the conspiracy, leaving him cheated.
During the investigation, Anantnag Police said substantial oral and technical evidence was gathered establishing the alleged involvement of the accused and his associates. The anticipatory bail granted to the accused was subsequently challenged by the police and cancelled by the competent court, following which he was arrested.
Police said further investigation is underway to apprehend the remaining absconding accused and unravel the entire criminal conspiracy.
Anantnag Police also advised the public to remain vigilant and avoid falling victim to fraudulent schemes or false representations while entering into financial transactions.
