Pune Gold Theft: Two Accused Arrested Within 12 Hours; Gold Worth ₹2.24 Crore Recovered
In a major breakthrough, Khadak Police in Pune have arrested two accused within 12 hours in a gold theft case involving jewellery and gold biscuits weighing over 2.2 kg. The stolen valuables, worth approximately ₹2.24 crore, were recovered during the investigation. The theft took place at a residence in Raviwar Peth while the complainant's wife was away from home.
Gold Worth Over ₹2 Crore Stolen from Raviwar Peth House
A major gold theft case has been solved by Khadak Police in Pune, with two accused arrested within just 12 hours of the crime. The case involves the theft of approximately 2 kg and 200 grams of gold jewellery and gold biscuits, initially valued at around ₹2.20 crore.
According to the police press note dated October 12, 2026, the complainant is involved in the business of making gold jewellery for different gold merchants.
The theft reportedly occurred on October 10 in Raviwar Peth when the complainant's wife was away from home. Unidentified persons allegedly broke open the house lock with assistance and entered the premises before stealing gold jewellery and biscuits kept inside an iron cupboard. A case was subsequently registered at Khadak Police Station.
CCTV Footage Helps Police Identify Suspects
Following the registration of the case, police launched an investigation under the guidance of senior officers. The investigation team carefully examined CCTV footage from the surrounding area.
During the examination, two suspicious individuals were reportedly spotted moving around the area near the complainant's residence. Police gathered confidential information about the suspects and focused their investigation on identifying and locating them.
The suspects were identified as Mustafa Nazir Sheikh, aged 36, and Sarfaraz alias Avez Mainuddin Sheikh, aged 22. Both were reportedly residing in the Raviwar Peth area of Pune and were related to each other. Police apprehended the two accused, who reportedly confessed to their involvement in the crime, according to the press note.
Stolen Gold Worth ₹2.24 Crore Recovered
During the investigation, police recovered the stolen gold jewellery and gold biscuits weighing approximately 2 kg and 200 grams. An additional 46 grams of gold was also seized.
The total value of the recovered property was estimated at ₹2,24,00,862, according to the police press note. The recovery represents a significant development in the investigation, given the high value of the stolen valuables.
The case was registered under Crime Register No. 553/2026 at Khadak Police Station under the relevant provisions of the Bharatiya Nyaya Sanhita (BNS). Further investigation is being conducted under the guidance of senior police officials.
Senior Officers Supervise Investigation
The operation was carried out by the Khadak Police team under the guidance of senior Pune Police officials, including officers from the West Regional Division and Faraskhana Division.
The swift arrests and recovery of the stolen valuables highlight the role of CCTV analysis, local intelligence and coordinated police investigation in solving the case.