Pune Police Arrest Marathe Jewelers’ Kaustubh Marathe And His Wife For Cheating Depositors

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Pune, 15th September, 2021: Famous Marathe Jewelers’ Kaustubh Marathe along with wife Manjiri Marathe has been arrested by the Pune city police for allegedly cheating depositors. They had lured them in various schemes by promising good returns on cash, gold and silver.

 

A judicial magistrate court has remanded Marathes in police custody till September 18.

 

According to police, Manjiri Marathe and Kaustubh Marathe have defrauded 18 depositors to the tune of Rs 5 crore 9 lakh 72 thousand.

 

Earlier, Pranab Milind (26) was arrested in the case and is in judicial custody. A case has been registered against Milind alias Balwant Arvind Marathe, his wife Nina Milind Marathe and others at Kothrud police station.

 

It is alleged that the incident took place between January 2017 and January 2021 at Paud Road and Lakshmi Road branches of Maratha Jewelers.

 

It is alleged that the incident took place between January 2017 and January 2021 at Paud Road and Lakshmi Road branches of Marathe Jewelers.

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