Ludhiana, Feb. 24 -- City-based jeweller Aditya Jain has been booked by Division Number 8 police for allegedly siphoning off Rs.11.10 crore from a Mohali businessman under the pretext of gold trading, following a high court-ordered probe that found prima facie evidence of cheating and criminal breach of trust.

The case was registered on the complaint of Sagar Singla, whose family operates a jewellery shop in Chandigarh dealing in gold and diamond ornaments. The complaint followed the recommendations of a special inquiry committee constituted by the Punjab and Haryana high court, formed to examine allegations between the two parties. The committee included the deputy commissioner of police (Investigation), additional DCP (Operations), and...