A 37-year-old man’s overconfidence landed him behind bars after he used two gold rings — marked with a Hallmark Unique Identification number — to con a jeweller in Andheri. Those very rings ended up becoming the key clue that helped police trace and arrest him. The accused, Farhan Nasibdar Shah, a resident of Kurla, allegedly defrauded a jeweller of Rs 6 lakh under the pretext of a gold loan scheme. His accomplice, Parvez Shah, is currently absconding and being actively hunted by the police.

The con

According to police officials, the incident took place on June 22 in the Chakala area of Andheri East. The complainant, who owns a jewellery store, had introduced a scheme allowing customers to release previously mortgaged gold and remortgage it to obtain fresh loans. Exploiting this scheme, the duo approached the jeweller. One of them posed as a jeweller with whom the other had allegedly mortgaged his jewellery, claiming they wished to transfer an existing gold loan. They took Rs 6 lakh in cash from the victim but never deposited any gold as collateral.