India, June 18 -- A jewellery trader lost gold ornaments worth Rs.2.63 crore after a bag containing the valuables was allegedly stolen during an overnight bus journey from Karnataka to Mumbai, police said.

The complainant, Vikramsingh Lakhasingh, 29, who is associated with a jewellery store in Kalbadevi, was travelling with his associate Hemraj Sutar on a private bus from Vijayapura to Mumbai with a gold consignment meant for business.

The theft is suspected to have taken place between the evening of Monday and the early hours of Tuesday while both men were asleep. The incident came to light on Tuesday morning after the bus reached the Kalamboli area of Navi Mumbai, police said.

The stolen consignment comprised 1,450 grams of gold jewe...