Home » Shivaji Gaikwad 2 Others Held in Manipur Fake Gold Racket

Shivaji Gaikwad 2 Others Held in Manipur Fake Gold Racket

Police bust interstate counterfeit gold operation in Kakching

by Ananya Mehta

In a significant crackdown on counterfeit gold smuggling, three men suspected of being part of an interstate fake gold racket were arrested on Sunday in the Hangoon area of Kakching district, Manipur.

The accused have been identified as:

Shivaji Gaikwad (39) from Belavade village, Maharashtra

Jalindar Shamrao Jadhav (42) from Mohi village, Maharashtra

Ramdas Tanaji Khandare (37) from Howrah, West Bengal

According to police, the trio was involved in manufacturing and distributing fake gold bars, using low-grade materials and fraudulent hallmark stamps to make them appear genuine. They reportedly operated as part of a wider interstate counterfeiting network.

Authorities seized a large cache of gold-forging equipment from the suspects’ possession, including:

A hydraulic machine

Melting equipment

94 graphite crucibles

Tongs and carbon rods

Nitric acid bottles

A hydraulic power pack

Carbon rod holders

A digital clamp metre

The Manipur police control room confirmed the bust and stated that investigations are ongoing to trace the broader network across other states.

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