Hyderabad, Dec 14: Police on Wednesday arrested a diamond and gold trader who allegedly cheated merchants and fled to foreign countries. Police claimed to have recovered four kgs of gold from his possession.
The trader left for foreign countries in October after allegedly cheating the merchants, police said in a release. He came back to India recently and was nabbed here.
The accused allegedly did not make payments after taking gold from the merchants, who later lodged a complaint against him. Police would seek 10-day custody of the trader when he is produced in a court here, the release added.