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Mumbai man cheated by ‘startup investors’, loses gold worth Rs 1.5 lakh
Updated On: 24 February, 2026 07:16 AM IST | Mumbai | Aishwarya Iyer
A chat in Shivaji Park about expanding venture ends with two self-styled investors disappearing with jewellery worth Rs 1.5 lakh
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Police officers said the accused’s step-by-step approach fits a typical confidence-building pattern. Representation pic/istock
A morning jog at Shivaji Park turned into a costly deception for Kiran More, a 34-year-old Matunga East resident, who police say was duped of gold jewellery worth Rs 1.5 lakh by two men posing as business partners who spent three days building trust before disappearing from a Bandra pub.
Case snapshot
Complainant: Kiran More, 34
Family: Wife and 10-year-old daughter
Names used by duo: Sanjay Singh and Abhay
Value of stolen jewellery: Rs 1.5 lakh
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