Hyderabad, Feb. 9 -- Five persons were booked on Saturday, February 8 for allegedly duping a retailer of 1.3 kg gold ornaments in Hyderabad's Basheerbagh.

The incident is said to have occurred in November last year. In his complaint with the Central Crime Station, the retailer said that a man identified as G Ajay approached him claiming to be from Pot Market, approached him last and introduced himself as a businessman specialising in marketing wholesale gold ornaments.

They both agreed that the complainant would pay a commission to the accused to sell the marketed gold. After a few initial transactions, for which the complainant paid 70,000 as commission, the accused gained his confidence.

For nearly a month, the accused introduced fou...