India, May 17 -- A diamond dealer has been booked for allegedly cheating four diamond trading firms to the tune of Rs.5.13 crore. The accused, identified as Chirag Patel approached the firms and took diamonds worth crores from them, promising to bring them customers, but then fled with the precious stones.

The Bandra Kurla Complex (BKC) police registered a case against Patel on Thursday based on a complaint lodged by the owner of one of the firms that was cheated--Ashish Godhani, Sales Manager at Brahma Diamonds, based in Bharat Diamond Bourse.

According to the police, Patel approached Godhani through a broker and told him that he had customers who needed polished diamonds. Godhani told the police that he knew Patel for the last seven y...