Gurugram Fraud: Man Loses ₹2.49 Crore in Gold Scam, Four Arrested
Gurugram man paid ₹2.49 crore for gold, ended up with brass coins; 4 arrested
Hindustan Times
Image: Hindustan Times
In Gurugram, Haryana, four men were arrested for allegedly cheating a resident out of ₹2.49 crore by selling fake gold coins. The gang posed as laborers claiming to have found gold during excavation, luring victims with low prices before delivering brass coins instead.
- 01Four suspects arrested for defrauding a Gurugram resident of ₹2.49 crore.
- 02The gang posed as laborers claiming to sell genuine gold coins.
- 03Victims were lured by below-market prices for gold.
- 04Police recovered ₹2.30 crore in cash and 678 grams of gold.
- 05The primary suspect has a history of similar frauds spanning over 25 years.
Advertisement
In-Article Ad
In a significant fraud case in Gurugram, Haryana, four men were arrested for cheating a local resident out of ₹2.49 crore (approximately $300,000 USD) by selling fake gold coins. The incident began when the victim was approached by an unknown individual on February 13, who offered gold and silver coins at attractive rates. After verifying the authenticity of initial coins, the victim was convinced to arrange a large sum of money. On March 2, the accused collected the cash and gold from the victim's home, delivering brass coins instead. The gang operated under the guise of poor laborers, claiming to have discovered the coins during excavation work. They would often travel long distances to evade capture. Police have arrested four members of the gang, with one suspect having a 25-year history of similar frauds, previously targeting individuals in Mumbai and Gujarat. Authorities have recovered ₹2.30 crore in cash and 678 grams of gold from the suspects, and investigations are ongoing to apprehend other gang members.
Advertisement
In-Article Ad
This case highlights the vulnerabilities of individuals in high-value transactions and the need for increased vigilance in financial dealings.
Advertisement
In-Article Ad
Reader Poll
What measures should be taken to prevent fraud in high-value transactions?
Connecting to poll...
More about Gurugram Police

Gurugram Authorities Demolish Illegal Properties Linked to Criminals
Hindustan Times • Apr 16, 2026

Tragic Accident Claims Life of Food Delivery Rider in Gurugram
Hindustan Times • Apr 16, 2026

Gurugram Authorities Demolish ₹50 Crore Illegal Property Linked to Gangster Kaushal Chaudhary
Hindustan Times • Apr 15, 2026
Read the original article
Visit the source for the complete story.



