A 52-year-old woman was relieved of her gold chain weighing 56 gms by three men in Madiwala on Sunday morning.
They allegedly claimed that they were policemen and wrapped her ornament in a piece of paper, telling that it was not safe to wear it in the area.
According to police, Gangamma, a resident of Vivekanandanagar, was returning home from a shop after buying groceries around 7.30 am when she was approached by three men. They claimed to be policemen from Hongasandra near Madiwala and told her that there had been a murder in the area and it was not safe to wear jewels. They then requested Gangamma to remove her gold chain. They took and wrapped it in a piece of paper and handed back to her before leaving. However, when she reached home, Gangamma opened the paper and realised that she had lost her gold chain to con men.
Madiwala police are investigating the incident.
Four arrested for chit fraud
Mahadevapura Police arrested four people, including a couple, who allegedly cheated others by not returning money invested in chit funds. Nearly 1,500 people had invested money amounting to Rs 39 crore in the scheme, the police said.
The accused have been identified as Krishnamurthy (48) and his wife Shanthamma (45), both residents of Kadugodi, and Suresh (40) and Venkatesh (42), who hailed from Konanakunte.
According to police, Krishnamurthy ran Maruti Chit Funds in his wife’s name at Basavanapura in Hoodi. Suresh and Venkatesh worked as managers for the firm for a period of 15 years. They initially returned money promised to investors
However, Krishnamurthy closed the company recently and was elusive. Some of the investors filed a complaint with police on September 1 about the alleged misappropriation of funds.
The Mahadevapura Police have launched investigations into the case.