New Delhi, Feb. 7 -- To buy lip studs and earrings worth Rs.720 (60 yuan), a teenage girl in China's Shanghai sold her mother's jewellery worth a whopping Rs.1.22 crore (1.02 million yuan).

According to a South China Morning Post report, the teen, surnamed Li, had mistaken her mother's valuable jade bracelets, necklaces, and gemstones for fakes.

Li, who is believed to be undergoing a phase of "adolescent rebellion", sold the "fake" jewellery to a jade recycling shop.

The mother, Wang, only discovered that the jewellery was missing when it was too late, and Li had already sold it at a local market.

Wang said she has "no idea why" Li wanted to sell it. However, she said, Li had told her she needed money that day. When Wang asked her how...