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Hubballi Trader Allegedly Cheated Of Rs 1.5 Crore In Fake Gold Soil Scam - News Next Live

A jewellery trader in Hubballi has allegedly been cheated of gold ornaments and cash worth around Rs 1.5 crore after a man reportedly convinced him that gold could be recovered from ash mixed soil. The incident came to light after the trader examined more of the material given to him and found no gold. He …
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The accused already knew the businessman who was duped and took advantage of this acquaintance. The fraudster convinced the businessman to sign a large deal by showing him a sample of a small quantity of gold.

A goldsmith in Hubballi has been accused of duping a man into accepting gold jewellery and cash worth Rs 1.5 crore by convincing him that there was gold in soil mixed with ash. The merchant filed a complaint with the police after the gold was not found in the soil. The accused, who hails from Haryana, is being sought by the police.

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TV9 Kannada broke the news on Monday, September 7, 2026.
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