Updated On: 26 June, 2025 12:31 PM IST | Mumbai | Samiullah Khan
Jignesh and his senior colleague, Ajay Sureshbhai Ghagda, 27, had arrived in Mumbai on June 20 after a multi-state gold delivery assignment. The two worked for JP Export Gold and Diamond Jewellery, a Rajkot-based firm owned by one Chetan Soni, and were tasked with bartering gold jewellery and in return for gold bars across several states in India

The stolen jewellery was to be bartered in exchange for gold bars across Gujarat, Karnataka, Tamil Nadu and Andhra Pradesh. Pic/Samiullah Khan
The MHB Colony police have arrested three people for allegedly stealing gold jewellery worth over R13 crore. The trio are Jignesh Kuchdia, 19, an employee of a Rajkot-based gold firm; his father, Nathabhai Kuchdia; and his friend, Yash Jivabhai, 23. According to the police, the theft was part of a well-planned conspiracy masterminded by Nathabhai.
Jignesh and his senior colleague, Ajay Sureshbhai Ghagda, 27, had arrived in Mumbai on June 20 after a multi-state gold delivery assignment. The two worked for JP Export Gold and Diamond Jewellery, a Rajkot-based firm owned by one Chetan Soni, and were tasked with bartering gold jewellery and in return for gold bars across Gujarat, Karnataka, Tamil Nadu and Andhra Pradesh.
