Updated On: 22 March, 2025 07:25 AM IST | Mumbai | Shirish Vaktania
Police said accused conducted a fake raid and demanded Rs 25 lakh from the jewellery shop owner

Accused were arrested on Thursday. Representation pic
The VP Road police in Girgaon have arrested four persons for allegedly posing as Intelligence Bureau (IB) officers from Delhi and extorting Rs 11.50 lakh from a jewellery shop owner. The incident occurred at Balaji Gold Jewellery shop in Byculla. The whole incident was captured on the CCTV cameras of the store.
Police have identified the accused as Pawan Chaudhary, 33; Shreejit Gaikwad, 32; Suryakant Shinde, 32; and Kishan Shelar, 53. According to the police, the incident occurred on March 19 at around 3.00 pm. The four unknown men entered the Balaji Gold Jewellery shop, claiming to be officers from the Intelligence Bureau from Delhi.