HEADLINE NEWS

Saturday 30 August 2008

busted well-knitted gang of ‘Sapphire smugglers’ and recovered three idols made of sapphire and gold worth Rs 15 crore from their possession

Crime Branch today busted well-knitted gang of ‘Sapphire smugglers’ and recovered three idols made of sapphire and gold worth Rs 15 crore from their possession in Janipura area this afternoon. Highly placed sources informed News Agency of Kashmir that based on specific information regarding the presence of sapphire smugglers in Jammu city; Crime Branch constituted a team and raided a house of Zaffar Iqbal in Janipura locality this afternoon. “During raid, the team arrested two persons identified as Subash Chand Jain son of Payare Lal Jain and Subash Saraf, resident of Anantnag, presently residing at Chandigarh. The team also recovered three idols including idol of Lord Ganesh, Shivlingam and idol of Radha Krishan from the house. The two idols were made of Sapphire and gold weighing 500 Gms and 400 Gms respectively,” disclosed sources, adding that the market value of these idols is expected to be Rs 15 crore. Sources said that Subash Saraf had come to Jammu for a deal with Subash Chand. The team also arrested the owner of the house and a case Under Sapphire and Antique Act has been registered against the arrested persons. However, investigation is on to ascertain more facts about the smuggling of Sapphire.

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