Notorious fraudster held in Gold Coin Scam
Srinagar: Police in Anantnag arrested a notorious fraudster identified as Sajad Ahmad Beigh, son of Lassa Beigh, resident of Draway, Larnoo, in connection with case FIR No. 27/2026 of Police Station Larnoo registered under Sections 318(4), 351(2) and 61(2) of the Bharatiya Nyaya Sanhita (BNS), a police spokesman said Monday.
He said that the case was registered following a complaint by a Srinagar resident who alleged that the accused, along with his associates, fraudulently induced him to part with ₹12 lakh on the false promise of supplying gold coins at discounted rates. As part of the conspiracy, the complainant was allegedly intercepted at a naka during the planned transaction, where the purported gold coins were taken away, leaving him cheated.
During investigation, Police collected substantial oral and technical evidence establishing the involvement of the accused and his associates. The anticipatory bail granted to the accused was successfully challenged and cancelled by the Court, following which he was arrested, the spokesman added.
Further investigation is underway to apprehend the remaining absconding accused and uncover the entire criminal conspiracy, he said.
