📷 Image: Wikimedia Commons / binderdosanj
Crime
Jalandhar Steel Trader Stole Over ₹50 Lakh in Theft
✍️ Amar Ujala · Jalandhar
🗓 18 Aug 2026, 12:48 PM
👁 57
In Jalandhar, a steel trader is accused of stealing more than ₹50 lakh from customers, leading to a police investigation.
Police in Jalandhar have launched an investigation after a steel trader was found to have misappropriated more than ₹50 lakh from customers. The alleged theft involved the trader diverting funds that were meant for the purchase of steel goods. Authorities say the trader had been operating for several months before the irregularities were discovered.
The investigation is focused on tracing the flow of the stolen money and identifying any accomplices. Police have seized relevant documents and are reviewing transaction records from the trader’s accounts. The case has attracted attention from local business circles, who are concerned about the impact on trust in the steel supply chain.
The trader’s business premises have been sealed pending further inquiry. Victims of the alleged theft have been notified and are being offered assistance in recovering their losses. The case is currently under the jurisdiction of the local crime branch, which will file charges once sufficient evidence is gathered.
The investigation is focused on tracing the flow of the stolen money and identifying any accomplices. Police have seized relevant documents and are reviewing transaction records from the trader’s accounts. The case has attracted attention from local business circles, who are concerned about the impact on trust in the steel supply chain.
The trader’s business premises have been sealed pending further inquiry. Victims of the alleged theft have been notified and are being offered assistance in recovering their losses. The case is currently under the jurisdiction of the local crime branch, which will file charges once sufficient evidence is gathered.