Fake IT raid ruse: Broker, aide held for Rs 90 lakh fraud in city

JAIPUR: A 58-year-old broker allegedly duped a man of Rs 90 lakh on April 3 in Murlipura by threatening him with a fake income tax raid and persuading him to stash the cash in a vacant house, from where it was later stolen.

Police have identified the accused as Babulal Verma alias BL Goyal (58), originally from Churu and currently living in Macheda Loha Mandi, and his accomplice Rohit Verma (24), a Nepal native residing at RIICO Housing Colony on VKI Road No. 1. Investigators said Rohit tipped off Babulal about the victim's cash, following which the duo hatched the plan.

DCP (West) Prashant Kiran said complainant Manoj Sharma had sold a plot in Shiv Nagar, Murlipura Scheme, with the registry executed on March 17, 2026, and received 90 lakh in cash. The next morning, Babulal allegedly visited his house and warned him of an imminent income tax raid, claiming it was unsafe to keep such a large sum at home.

Police said the accused then took Sharma to a locked house, scaled the wall to gain entry, and led him to the second floor, where an old broken refrigerator and a bed were kept. He allegedly made Sharma place the cash-filled bags inside the fridge and asked him to return home, assuring him he could collect the money later.

When Sharma revisited the house with the broker after some time, the bag containing Rs 90 lakh was missing. Disturbed and without family support, he delayed reporting the matter and eventually lodged a complaint on April 3 after losing hope of recovering the money.

A police team led by SHO Virender Kureel, under the supervision of Additional DCP Rajesh Gupta and ACP Alok Saini, reconstructed the route from the victim's house to the hideout and scanned over 100 CCTV footages. Based on the analysis, Babulal was identified and arrested. During interrogation, Rohit's role in sharing information about the cash, the bag, and the victim's movements came to light, leading to his arrest.

Police said Babulal used part of the money to repay a gold loan and planned to buy a flat with the remainder. So far, Rs 52 lakh in cash has been recovered from him, Rs 50,000 from Rohit, and Rs 25 lakh recovered from a Bank account where it was deposited towards the gold loan. In total, Rs 77.50 lakh has been recovered.


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