Stolen gold found, owner in dock for undervaluing
He had recorded the value at Rs.1.35 lakh and not the actual Rs.1.44 crore while booking with AI
While the police have recovered the stolen consignment containing gold bars and ornaments worth Rs1.44 crore which had gone missing from the Air India cargo section at the domestic airport on December 22, its owners could now land in trouble.
The police are now allegedly planning to take action against the owner for grossly undervaluing the gold.
“We will take action against them if the airline files the complaint for undervaluing the cost of the ornaments while booking it for the courier,” said assistant commissioner of police (airport division) CK Chavan.
When Sanjay Jain, a gold couriering agent, discovered that his consignment had been stolen, he filed a complaint recording the value of the stolen goods at Rs1.44 crore.
However, in previous documents submitted to the airlines, the valuation was of a mere Rs1,35,000. Jain has confessed to undervaluing the parcel to avoid hefty courier charges.
Meanwhile, the police have arrested two courier company employees — Santosh Kadam, 33, and Ravindra Satam, 40 — for stealing the said consignment.
A police officer, on the condition of anonymity said, “At least 50 courier employees had visited the cargo section on the day of the incident to collect their parcels. We began to record statements of each of them,” the officer stated.
“However, when we questioned Kadam and Satam about their locations after leaving the airport, they gave false information, following which they were grilled. They later broke down and admitted that they had committed the theft. Their behaviour was like that of first-time offenders and so they got caught. We have recovered 100% of the stolen property,” the officer added.
According to joint commissioner of police, crime, Himanshu Roy, on the night of December 21, a valuable cargo (VAL) was delivered by a Hyderabad-based courier company to their Mumbai-based partners from an Air India flight.
“Next day, when the local courier person from the Mumbai company went to collect the parcel, he learnt that the parcel was missing,” said Roy.
A complaint was then registered by Jain at the airport police station, he added.
He had recorded the value at Rs.1.35 lakh and not the actual Rs.1.44 crore while booking with AI
While the police have recovered the stolen consignment containing gold bars and ornaments worth Rs1.44 crore which had gone missing from the Air India cargo section at the domestic airport on December 22, its owners could now land in trouble.
The police are now allegedly planning to take action against the owner for grossly undervaluing the gold.
“We will take action against them if the airline files the complaint for undervaluing the cost of the ornaments while booking it for the courier,” said assistant commissioner of police (airport division) CK Chavan.
When Sanjay Jain, a gold couriering agent, discovered that his consignment had been stolen, he filed a complaint recording the value of the stolen goods at Rs1.44 crore.
However, in previous documents submitted to the airlines, the valuation was of a mere Rs1,35,000. Jain has confessed to undervaluing the parcel to avoid hefty courier charges.
Meanwhile, the police have arrested two courier company employees — Santosh Kadam, 33, and Ravindra Satam, 40 — for stealing the said consignment.
A police officer, on the condition of anonymity said, “At least 50 courier employees had visited the cargo section on the day of the incident to collect their parcels. We began to record statements of each of them,” the officer stated.
“However, when we questioned Kadam and Satam about their locations after leaving the airport, they gave false information, following which they were grilled. They later broke down and admitted that they had committed the theft. Their behaviour was like that of first-time offenders and so they got caught. We have recovered 100% of the stolen property,” the officer added.
According to joint commissioner of police, crime, Himanshu Roy, on the night of December 21, a valuable cargo (VAL) was delivered by a Hyderabad-based courier company to their Mumbai-based partners from an Air India flight.
“Next day, when the local courier person from the Mumbai company went to collect the parcel, he learnt that the parcel was missing,” said Roy.
A complaint was then registered by Jain at the airport police station, he added.
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