A case was against three siblings for cheating a man in Thane to the tune of Rs 65 lakh in the sale of gold coins, police said on Sunday.
The victim owns a software development firm and met one of the accused during a boat ride from Alibag on February 27, said a police official told official news agency Press Trust of India.
"The accused told him he had gold coins to sell. After getting convinced about the purity of the gold, the victim expressed a desire to buy 10 kilograms of such coins. He paid the trio Rs 65 lakh and the bag which was handed over to him contained coins made of cheap metal polished to look like gold," he said.
No arrest has been made in the case, he added.
15-Year-Old Boy Dies By Suicide After Mother Refuses To Buy Him New Phone In Maharashtra Cop Spotted Riding Triple Seat With Helmetless Biker, Mumbai Traffic Police Responds "You Don't Need To Do That": IPL Great Recalls Jasprit Bumrah's Send-Off To AB de Villiers Pics: Rahul Gandhi's Family Lunch At Iconic Delhi Restaurant Can Elon Musk Become US President? Donald Trump Says... Is Safe Car Enough? Volvo Crash That Killed CEO, Family Sparks Big Question UPPSC Answer Key 2024 To Be Released Soon, Check Details "Iran Does Not Have Or Need A Proxy Force": Ayatollah Khamenei Indian-American Appointed As Donald Trump's Policy Advisor On AI Track Latest News Live on NDTV.com and get news updates from India and around the world.