Hyderabad, Sept 12 (Maxim News): Saifabad Police, in coordination with CCS Hyderabad, arrested two men involved in a major jewellery theft case and recovered ornaments valued at nearly Rs 1.5 crore.
The incident occurred on September 5 at Vijay Shankar Lal Jewellers in Basheerbagh, when gold and diamond ornaments were stolen from the shop.
A formal complaint was lodged with the Saifabad Police on September 7, after which investigation teams were formed to track the culprits.
Based on credible leads, the police apprehended the accused on September 11 near Nampally Railway Station.
During the operation, 173 pieces of gold and diamond-studded jewellery weighing about 850 grams were seized, all intact, and valued at approximately Rs 1.5 crore.
According to the police, the arrested individuals were identified as Ronak Chadawa, aged 24, a marketing executive with Shanaya Diamonds and a resident of Girgaon in Mumbai, and Mohd Hasnain Habiya, aged 22, a student from Dongri, Mumbai. Both men had reportedly suffered heavy financial losses due to IPL betting and conspired together to commit the theft.
Upon interrogation, the accused confessed to the crime. They were produced before the I ACJM Court, Nampally, Hyderabad, and were remanded to judicial custody. (Maxim News)
Next Story:
Gold Rates Surged In Hyderabad On 15 April, 2026
The gold rates today surged in Hyderabad on 15 April, 2026. Going by the rates today, the price of 10 grams of 22-carat gold is Rs. 1,42,400 with a hike of Rs. 1,300 while the rate of 10 grams of 24-carat gold is at Rs 1,55,350 with hike of Rs. 1,420.
Man Murders Brother Over Family Dispute In Azampura
Hyderabad man murders brother in Azampura over family dispute. Police detain accused and begin investigation.
Telangana Delimitation to Increase Assembly And Lok Sabha Seats
Telangana delimitation Assembly seats increase to 182 and Lok Sabha seats to 26 with new reservations and changes.
Sridhar Babu Launches WE Hub’s First Center Of Excellence In Peddapalli
Empowering women entrepreneurs and nurturing youth innovation at the grassroots is crucial for building an inclusive and self-reliant Telangana: Shri D. Sridhar Babu Hyderabad/Peddapalli | 15 April 2026: In a significant step toward strengthening the entrepreneurial ecosystem in Telangana, WE Hub, the Government of Telangana’s nodal agency for promoting and supporting women entrepreneurs, has launched its first Center…
Pan Shop Theft Case: Mailardevpally Police Arrest Two Persons
Hyderabad, April 14 (Maxim News): Mailardevpally Police arrested two persons for allegedly breaking into a pan shop and committing theft. Here To Join Us On WhatsApp Police also recovered stolen property, tools, and a vehicle used in the offence. The case surfaced after complainant Sohail Pasha reported a break in at his pan shop. The…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates
