Gold fraud: Traders in Kozhikode flay continued delay in arrest of suspect
The protesters aligned under the Kammath Lane Gold and Silver Merchants’ Association who observed a half-day shutdown on Saturday demanded that the investigation be handed over to a senior police officer or an SIT to get the deserving attention
Jewellery merchants in Kozhikode city's Kammath Lane halted half their operations on Saturday (August 22, 2026) to protest what they deem an inadequate response from law enforcement in a major gold theft case. According to the Kammath Lane Gold and Silver Merchants' Association, the traders have been left in the dark for 26 days since the fraud, with the perpetrator still at large.
The incident, which occurred on July 27, involved the theft of 948 grams of gold worth ₹1.5 crore from more than a dozen shops in the area. The accused allegedly duped merchants by claiming to show the gold to customers. Complaints were lodged at the Town police station, leading to an FIR and statements from 11 merchants. Traders now cite the police's failure to secure an anticipatory bail hearing as evidence of the case's slow progress.
They fear that without a more aggressive investigation, crucial evidence could be lost. The Gold and Silver Merchants' Association, along with the district committee, has called for the case to be assigned to a senior officer or special investigation team. Police sources confirm that a four-person special squad has been formed to handle the investigation, but internal transfers among squad members have slowed the process.
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