Hyderabad, Feb. 8 -- The Shahalibanda police have registered a case against two people, including a rowdy sheeter, Ayub Khan, involved in 79 cases.

Along with Khan, police have booked a case against Mohd Farooq, a resident of the Kummarwadi area in Asif Nagar locality.

According to the complaint, in 2024, the victim entered into a venture and invested Rs 4,70,000 with the accused, who promised to make them their business partner.

Later, the victim provided gold ornaments weighing six tolas (approximately) to the accused, who allegedly told the former that they misappropriated the profits and needed funds to clear the debts.

The ornaments were mortgaged but not returned, the victim stated in their complaint.

In January this year, when...