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Police Expose Surat Diamond ‘Heist’ as Insurance Fraud After Arrests of Owner and Aides

Police point to a hastily increased insurance policy as the motive stemming from severe debt.

Overview

  • Surat police arrested DK Sons owner Devendra Kumar Chaudhary, his elder son Piyush, driver Vikash Bishnoi, and later an accomplice, Ramjivan Bishnoi, while several suspects remain at large.
  • Investigators say no diamonds were stolen despite a claim of ₹25–32 crore, concluding the burglary was staged to secure an insurance payout of roughly ₹20 crore.
  • Police detail a plan involving smashed cameras, a removed DVR, a safe cut with a gas torch, and ₹5 lakh placed in the locker as payment for hired hands.
  • Forensic checks noted an undamaged main gate, a clean interior of the “cut” safe, and contents that included broken glass and lab‑grown stones, undermining the theft narrative.
  • Officers have booked nine accused on charges including conspiracy and document forgery, are scrutinizing financial and insurance records, and say a Dubai ticket was arranged for the driver to evade questioning.