Panchkula, March 29 -- Police have busted a major fraud racket with the arrest of two jewellers who allegedly duped 10 families of over Rs.56 lakh by luring them with offers of cheap gold and attractive kitty schemes. The Madawala police team from Pinjore arrested Om Prakash, a resident of Bihar, from Uttar Pradesh and Paras Mani Dubey, a resident of Uttar Pradesh, from Delhi on March 27. A total of five mobile phones, silver jewellery, watches and cash were recovered from them. According to police, the accused opened a shop in 2025 in Madawala village under the name "Shri Haridas Jewellers". They convinced customers to invest money in advance by promising delivery of gold jewellery on Diwali. However, after collecting large sums, they shut down the shop, switched off their mobile phones and absconded. The fraud came to light after multiple complaints were lodged, including one by a woman from Morni. Based on the complaints, an FIR was registered at the Pinjore police station under relevant sections of the Bharatiya Nyaya Sanhita (BNS) on November 28, 2025. According to police, the accused confessed that they had fled after collecting money and used the cheated amount to open new jewellery shops in Uttar Pradesh. The accused were sent to four-day police remand by a local court....