Explorer

Diamond baron who bought PM Modi's pinstripe suit duped of Rs 1 crore

A complaint in this regard was registered at the Katargam police station of Surat on April 22 by the manager of Dharmanandan Diamonds, Kamlesh Kevadiya, the police said.

Surat: A Surat based diamond merchant who shot to national fame for buying Prime Minister Narendra Modi's pinstripe suit in an auction in 2015, has allegedly been duped of Rs 1 crore by two brothers who are known to have cheated other traders in the past. Laljibhai Patel, chairman of Dharmanandan Diamonds Pvt Ltd, had hit the headlines in 2015 when he bought Modi's much- famed pinstripe suit for Rs 4.31 crore in a public auction in Surat.  Now, it has been alleged that two brothers – Himmat and Vijay Koshia - had cheated Patel's firm by not making payment towards rough diamonds they had taken on credit last year. A complaint in this regard was registered at the Katargam police station of Surat on April 22 by the manager of Dharmanandan Diamonds, Kamlesh Kevadiya, the police said. As per the FIR, the Koshia brothers had won the trust of the company and allegedly taken rough diamonds weighing 1,500 carats and worth Rs 1 crore on credit in October 2018. In his complaint, Kevadiya claimed the duo, who are on the run now, had promised to make the payment in 120 days, which is a norm in the diamond industry. However, when Kevadiya called them up for the payment after the lapse of credit period, their mobile phones were found to be switched off, the FIR said. The Koshia brothers also went untraceable and their office in the Katargam area was found locked, he told the police. According to police inspector Z N Ghasura, the Koshia brothers had cheated other diamond traders, too, in the past. "We have taken the complaint and started our investigation. We have learned that Koshia brothers, who are yet to be arrested, had cheated other firms in the past and a complaint against them was registered at the Varachha police station some time back," said Ghasura. PM Modi’s pinstripe suit The suit which Laljibhai Patel had bought was embroidered with the Prime Minister's name countless times. Luck had then favoured him as a Rs 5.11-crore offer was made by another aspirant, Lavji Badshah, but it was a bit too late forcing Surat collector Rajendra Kumar to reject the bid. "The suit is so invaluable that even Rs 50 crore is inadequate, " he had then said. (With additional information from PTI)
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

RG Kar College Expels 10 Medics ‘Close’ To Sandip Ghosh Over Alleged Sexual Misconduct, Threats, Extortion
RG Kar College Expels 10 Medics ‘Close’ To Sandip Ghosh Over Alleged Sexual Misconduct, Threats, Extortion
Punjab Panchayat Elections: AAP Leader Shot At In Fazilka, Party Blames Akali Dal
Punjab Panchayat Elections: AAP Leader Shot At In Fazilka, Party Blames Akali Dal
Bengal Junior Doctors Begin 'Fast Unto Death' Accusing Mamata Govt Of Inaction Over RG Kar Horror
Bengal Junior Doctors Begin 'Fast Unto Death' Accusing Mamata Govt Of Inaction
As Congress CM Race Heats Up in Haryana, Bhupinder Hooda Remain People's Top Choice For Chief Minister Post
In Congress CM Race in Haryana, Bhupinder Hooda Remains People's Top Choice For Chief Minister Post: Report
Advertisement
ABP Premium

Videos

Festive Season Kicks Off! Major Business Opportunities From Ramleela And Navratri To Diwali Await | Paisa LiveSBI’s Major Breakthrough In 2024: On Track To Hit A Whopping ₹1 Lakh Crore Profit Milestone | Paisa LiveHow UPI Has Redefined The Meaning Of Payment? Hear From Expert Sachin Salunkhe | Paisa LiveWhat’s The Latest News On The Vande Bharat Sleeper Train? Exciting Updates Revealed | Paisa Live

Photo Gallery

Embed widget