All posts tagged: Gold theft

Canada’s -Mn Heist: ED Raids Suspect’s Home, Aims To Strike Gold With Khalistan, Arms Smuggling Probe | Exclusive

Canada’s $20-Mn Heist: ED Raids Suspect’s Home, Aims To Strike Gold With Khalistan, Arms Smuggling Probe | Exclusive

Last Updated:February 22, 2025, 07:00 IST The ED raided the properties and premises of Simran Preet Panesar, one of the suspects in the case, on the outskirts of Chandigarh on Friday Simran Preet Panesar from Brampton is one of the suspects in Canada’s largest gold heist. (X File) In a fresh twist to the $20-million ‘Project 24Karat’, which the Canadian Police chargesheet has called the “largest gold heist in the history of Canada”, the Enforcement Directorate (ED) has now expanded its probe to look at weapon smuggling across the Canada-US border. The ED probe looks into the suspected Khalistani links and an alleged money laundering network in India. The theft occurred at the Toronto Pearson International Airport in April 2023, as a gang of smugglers stole over 400 kg of gold. The ED, which registered an Enforcement Case Information Report (ECIR) on February 17 based on chargesheets from the US and Canadian Police in the gold and arms smuggling cases, has initiated a probe into weapon smuggling, with at least four Indian-origin suspects emerging in …

Delhi: Under pressure to ‘repay debt’, man steals gold worth Rs 1 cr from Chandni Chowk jeweller; held | Delhi News

Delhi: Under pressure to ‘repay debt’, man steals gold worth Rs 1 cr from Chandni Chowk jeweller; held | Delhi News

On the night of November 17, Amit Verma, 35, who had been working at a jewelry store in Chandni Chowk for 10 years, asked his wife and daughters to switch off their phones. The next morning, as per CCTV footage, he was at Kanha Jewellers asking its owner Pankaj Goyal for some articles — 110 rings and 30 necklaces cumulatively weighing 1.08 kg. Since exchange of jewellery is common among jewellers of Chandni Chowk, Goyal did not suspect anything. “However, Verma fled with the items,” said DCP (North) Raja Banthia, adding, that the accused was arrested on November 23 with the stolen items worth Rs 1 crore. According to police, Verma had been allegedly planning the theft for months. “He had incurred a loan of Rs 80 lakh from multiple lenders and was under pressure to repay. That’s when he started to consider a theft at the store he worked at,” a police officer said. According to police, since his employer used to send him to fetch jewellery from nearby shops, he thought it was …