The case was being investigated by police ever since an FIR was registered at the Cantonment police station in November, 2017 by one Himanshu Patnaik.
The customers also seem to throng the shops in the wake of Varalakshmi Vratam being celebrated today.
The woman's mother said she noticed ornaments disappearing from their home in Margram village but whenever the family questioned her, she used to start crying.
City Market police are on the lookout for a jeweller who is on run after cheating people of huge amounts of money.
M Valarmathi was strangulated to death using a nylon rope by her friends on April 3.
The incident took place around 11.30 am near the Arya Bhavan restaurant and HP petrol pump at Kakkachavadi. The jewellery was carried in a Mahindra Xylo car.