Three held for allegedly pledging fake gold ornaments
Three individuals, Mohammed Hafnas, Dhanesh Babu, and Muneer Chandroth, have been arrested by the Chakrakala police for allegedly defrauding a cooperative bank of approximately ₹17.2 lakh through the repeated pledge of counterfeit gold ornaments.
Muneer Chandroth is said to have pledged ornaments weighing 120.8 grams, while Dhanesh Babu is accused of pledging ornaments weighing 62.325 grams. The counterfeit ornaments were reportedly provided by Mohammed Hafnas from Koodali to the two accused.
The case was initiated after a complaint was lodged with the bank manager. The arrests followed the lodging of this complaint.
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