Chikkadpally False Theft Case: Man Arrested for Stealing Family Gold Worth ₹12 Lakh
Chikkadpally police arrest man for staging a false theft at his penthouse and stealing family gold worth about ₹12 lakh, recovering ornaments and mortgage slips.
Description: In a major breakthrough, Chikkadpally police solved a false theft case where a man allegedly staged a robbery at his penthouse and stole family gold worth around ₹12 lakh to cover debts.
Table of Contents
Hyderabad: False Theft Case Cracked by Chikkadpally Police
In a significant development, Chikkadpally police detected a false theft case in which a man allegedly staged a burglary at his penthouse to mislead authorities. The case, registered under Crime No. 64/2026, involved the alleged theft of gold and silver ornaments worth around ₹12 lakh.
The accused, identified as a 32-year-old resident of Alekhya Estate in Chikkadpally, was arrested after investigation revealed that he had orchestrated the entire incident.
How the False Theft Was Planned
According to investigators, the accused filed a complaint claiming unknown persons had stolen valuables from his penthouse. However, detailed investigation exposed inconsistencies and revealed that he had created the scene himself to divert suspicion.
Police said the accused had been facing financial pressure due to loans and credit card expenses and had allegedly been stealing family gold since 2024.
Modus Operandi Revealed
Officials said the accused:
- Mortgaged stolen gold ornaments at multiple financial institutions
- Took loans amounting to several lakh rupees
- Created a fake burglary scene on February 9
- Disposed of boxes and locks to make the story believable
The plan reportedly came to light when investigators tracked financial records and movements linked to the ornaments.
Properties Recovered
Police recovered several items connected to the case, including:
- Two gold rings (approx. 3 tulas)
- One silver plate
- Two silver bowls
- Three gold mortgage slips (HDFC, SBI, Muthoot Finance)
The total value of the recovered and traced property is estimated at around ₹12 lakh.
Investigation and Arrest
The breakthrough was achieved after a detailed investigation by the Chikkadpally police team, who uncovered the false complaint and established the accused’s involvement. He was taken into custody and produced before the court following due procedure.
Case Highlights Importance of Thorough Investigation
The Chikkadpally false theft case involving stolen family gold worth ₹12 lakh underscores the role of detailed investigation in uncovering staged crimes. Police officials stated that filing false complaints can lead to serious legal consequences.
The case remains a reminder that attempts to mislead authorities through fabricated theft incidents can be detected through systematic investigation, ensuring accountability and justice.
Follow MunsifNews24x7 for latest updates.
