Public Protest as Customer Gets Fake Gold Jewels

About 50 people protested in front of a nationalised bank here today on learning that a customer was given fake jewels after clearing a gold loan, police said.

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Coimbatore, Aug 28 (PTI) About 50 people protested in front of a nationalised bank here today on learning that a customer was given fake jewels after clearing a gold loan, police said.

Ganesh, a cycle shop owner, had pledged 190 grams of jewels and taken Rs 3.10 lakh as loan from the bank sometime ago, police said

After repaying the loan, the bank released the pledged jewellery, but it allegedly turned out to be fake.

The cycle shop owner then lodged a police complaint.

As the news spread, other customers protested in front of the bank, following which the management assured them that their jewels were safe and there was no reason to get agitated. Meanwhile, police began a search for the gold appriser Karthik.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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