Hyderabad: Gunti Suman, a 43-year-old from Gandipet, Hyderabad, was arrested for defrauding multiple jewelers by ordering expensive jewelry to his home and paying with bogus cheques. Suman targeted six jewelry shops, issuing cheques from closed or insufficiently funded accounts, and disappeared afterward, scamming jewelers of nearly Rs. 2 crores. The police recovered jewelry worth Rs. 84 lakh, including diamond necklaces and bangles. Suman, with a history of nine similar fraud cases, claimed he needed the money for an investment deal. The police are investigating to recover more stolen jewelry and identify any possible accomplices.

Incident Overview:
Gunti Suman, a 43-year-old resident of Gandipet, Hyderabad, was arrested by the Narsingi police for defrauding jewelry shop owners. Suman placed orders for jewelry to be delivered to his home and paid with invalid cheques, after which he disappeared. This fraudulent activity led to multiple jewelers in Hyderabad being scammed.

Modus Operandi:
Suman targeted six jewelry shops in Hyderabad by contacting them and ordering expensive gold and diamond ornaments to be delivered to his home. When the salesmen delivered the jewelry, he issued cheques that were either from closed accounts or accounts with insufficient funds. When the jewelers attempted to cash these cheques, they discovered they were worthless and were unable to contact Suman.

Financial Impact and Arrest:
The police reported that Suman defrauded jewelers of approximately Rs. 2 crores. After his arrest, the Cyberabad Police recovered jewelry worth Rs. 84 lakh from his possession. The recovered items included:

• Three diamond necklaces weighing 488.939 grams.
• Three gold and diamond bangles weighing 86.55 grams.
• One gold necklace weighing 161 grams.

Previous Criminal Activities:
Suman has a history of similar offenses, having been involved in nine previous cases of fraud.

Motivation Behind the Fraud:
Suman’s fraudulent activities were reportedly driven by his need to raise Rs. 2 crores to invest in a deal with a woman who had allegedly promised to double his profit by investing the money in short film productions. His initial business losses also contributed to his decision to carry out these scams.

Ongoing Investigation:
The Cyberabad Police are continuing their investigation to recover the remaining stolen jewelry and to explore any further connections or accomplices involved in the crime.

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