Hyderabad, April 25 -- The Hyderabad police on Saturday, April 25, arrested five individuals in an interstate gang allegedly involved in a series of silver refinery scams across Uttar Pradesh and Madhya Pradesh.
The gang led by Hridesh Kumar, a doctor from Agra, executed a well-planned heist by gaining the trust of Hilal Verma, owner of Sri Jagadamba Industries, a silver refinery located at Mahanali Street in Secunderabad.
According to Verma's complaint, the gang cheated him of approximately Rs 15 lakh through known customers who exchanged counterfeit silver. Verma claimed that the accused persons, including a regular customer named Rajesh, visited the shop and presented raw silver bars along with a fabricated purity report from "Durga ...
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