Pakistan, Feb. 3 -- Police have recovered gold worth over Rs150 million from a jeweller involved in a high-profile fraud case in Lahore's Ichhra jewellery market, officials said on Monday.

DIG Investigation Syed Zeeshan Reza told media that suspect Waseem Akhtar Sheikh, who was arrested in Islamabad a few weeks ago, had allegedly fled with the gold belonging to other traders in the market. Sheikh was booked in multiple FIRs filed by the victims, along with his stepmother.

"The investigation has almost solved the mystery of fraud involving gold worth hundreds of millions of rupees in Ichhra Sarafa Market," the DIG said, adding that police had recovered 1,734 grams of gold from the accused. Cash of over Rs30 million and several vehicles w...