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Delhi Man Arrested Over Fiancée’s 1 Kg Gold Bar Swap as Police Trace Property Buys

Police say he sold the gold in parts, routing the proceeds into property purchases now under verification.

Overview

  • Delhi Police arrested Nitesh Verma, 30, at a Kaushambi, Ghaziabad hotel after analysing his call records.
  • Investigators say he swapped his fiancée’s ancestral 1 kg gold bar with a fake in July after earlier jewellery went missing post-engagement.
  • During interrogation, he allegedly admitted cutting and selling the gold, funding a Rs 42 lakh plot in Dehradun and transferring Rs 70–80 lakh to his parents.
  • Police report purchases of plots in Delhi and Uttarakhand and properties in Haridwar and Mussoorie, along with spending at luxury hotels in Mussoorie and Kerala.
  • A case was registered at DBG Road police station, a special team is probing the money trail, and efforts to verify transactions and recover assets are underway.