Four arrested for theft of old coins, stamps worth Rs 95 lakh

Mumbai: Four persons have been arrested for stealing British-era coins, currency notes and postal stamps worth Rs 95 lakh from an antique shop in south Mumbai, police said.

Abdul Sheikh, who deals in old coins and stamps, had lodged complaints about two thefts. The first theft took place last year while the second took place this year, said a senior police officer.

The thieves had broken into the shop through a window.

“After going through CCTV footage, police zeroed in on Dinesh Khade who had visited the shop on both the days when the break-ins took place,” said a senior police officer.

Khade had already been arrested in a robbery case. When police questioned him, he confessed to his involvement in thefts at Sheikh’s shop too, the officer said.

Following which his accomplices Vijay Waghmare (19), Vinod Jadhav (23) and Praful Shinde (23) were arrested yesterday, the officer said.

The accused have been booked under IPC sections 454 (house-breaking), 380 (theft in dwelling house) and other relevant sections.