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Fraudsters decamp with sapphire worth Rs 3 crore from Kashmiri man in Delhi, court denies bail

by Kashmir Dot Com
November 26, 2022
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Updated: Fraudsters decamp with sapphire worth Rs 3 crore from Kashmiri man in Delhi, court denies bail

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Srinagar, Nov 26, KDC: The Delhi high court has denied bail application of two accused in a case where fraudsters decamped with a sapphire worth crores of rupees from a Kashmiri man in New Delhi, who was in dire need of money for the purpose of treatment of his wife.

Reports reaching Srinagar based news agency Kashmir Dot Com said one Mohammad Iqbal alleged that he is a permanent resident of Lal Bazar, Alamdar Colony, Srinagar, Kashmir and presently residing with one of his acquaintances namely Prashant Kumar at Sector-5, Rohini, Delhi.

Iqbal had an ancestral Kashmir- Blue-Sapphire (Neelam) stone weighing 13.03 carats, which he intended to sell on account of dire need of money for the purpose of treatment of his wife. For this purpose, Iqbal discussed the same with one Fayaz R/o Baramulla, Kashmir (proclaimed offender in present case), who was already known to him.

About five days prior to lodging of FIR i.e. 25.02.2020, Fayaz called him and informed that he could help him in selling the Neelam to some prospective buyer. Further on 22.02.2020, Fayaz fixed a meeting at Crowne Plaza, Sector-10, Rohini in room no. 1509 with one Raman who claimed himself to be a South Indian and having his in-laws at Jammu. Fayaz informed the complainant that Raman would give an amount of ruppes 10 lakhs as token amount after seeing Neelam and the balance amount would be paid after testing of Neelam in the laboratory. Thereafter, on 24.02.2020, Fayaz came near the residence of the complainant along with his associates and asked him to show Neelam. Iqbal insisted on them coming inside the house, but he was asked to show Neelam to them in the Innova Car.

It is further the case of the complainant that he came near to Car bearing No. MH-05-BJ-9800 and handed over the Neelam to Raman and another person who was sitting in the front seat, suddenly 4 to 5 persons came shouting ‘Police-Police’ on which Raman ran away from the place after keeping the Neelam with him. As such it was alleged that Raman and Fayaz in connivance with 4-5 associates, took Neelam by deception.

An official confirmed the incident and told KDC that a case under relevant sections of law was registered in this regard and further CCTV footage besides other angles of the story were investigated. Subsequently, a report was submitted in the court.

The Delhi court has today denied the bail applications of two accused and said the main reason behind selling the sapphire was to liquidate it so that owner (Mohammd Iqbal) could treat his ailing wife with that amount of money, but as he was deceived so he couldn’t arrange the money resulting death of his wife. The case has overtaken a new shape thereby. Thus, creating the environment unsuitable to grant them the bail. (KDC)

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Kashmir Dot Com is a News Agency based in Srinagar, J&K that offers syndicated multimedia news feed to plethora of news-bureaus in J&K and beyond. We also provide a range of facilities from foreign and domestic channels to package their reports in Jammu and Kashmir. We cover almost all areas of interest in J&K to viewers including news, entertainment, and life styles, bussiness, sports, human-interest features and social and developmental issues.

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