Stolen property Rs 45 lakhs recovered: one held

The city police have recovered stolen property worth Rs 45 lakhs within 48 hours after a complaint was lodged. On receiving information Saifabad Police today arrested Pallola Pradeep Kumar Goud (25), when he was trying to dispose the stolen diamond jewelry 1450 grams at Charminar area.

The accused was an employee of Navadurga Jewelers. On July 30 at 1400 hours, the owner of the shop handed over 22 uncut diamond jewellery sets weighing about 1450 grams to their representative Rahul and the accused for marketing.

Out of these, 12 were given to Bajranglal Jewellery at Abids area and 10 to Satyanarayana Jewellery shop at Basheerbagh area. In the evening at 1730 hours, the accused collected back the same from both the shops and disappeared with the jewellery, a police release here said. UNI