Mangaluru: IT officials raid two popular jewellery stores in city


Daijiworld Media Network - Mangaluru (SP)

Mangaluru, Jun 27: Income Tax (IT) officials conducted raids on two prestigious jewellery show rooms in the city, Sultan Gold and City Gold, on Wednesday, June 26. 

Sultan Gold is owned by Rauf from Kerala. Both the stores are located at Kankanady here.

It is learnt that the officials have been scrutinizing files since Wednesday, June 26.

It is learnt that the officials have simultaneously raided the showrooms of Sultan Gold in the city, Udupi and Shivamogga.

More details are awaited.

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Comment on this article

  • Vikky, Kudla

    Thu, Jun 27 2019

    Achhe din Agaye paisawalo ke liye

    DisAgree [3] Agree [5] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Thu, Jun 27 2019

    PCJewellery is mired with all sorts of controversies; share price is making new lows everyday; 1000s of crores of innocent investors has been wiped out??

    DisAgree [1] Agree [9] Reply Report Abuse

  • Mm, Mangalore

    Thu, Jun 27 2019

    PCJ jewellery open first office in mangalore ballalbagh only 2 year after now closed this jewellery now

    DisAgree [1] Agree [1] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Thu, Jun 27 2019

    PCJ story will end like Gitanjali Gems and employees & shareholders will be left in the lurch!!

    DisAgree Agree Reply Report Abuse

  • Kusuma Kumari G, Nellore

    Thu, Jun 27 2019

    Gold is smuggled to India from middle east and these are sold to jwellers who will be inturn sellig to customers. Otherwise why do people smuggle gold The gold smuggling racket must end and there must be good invigilation I am sure it will happen and the whole saga of gold smuggling from middle east would end

    DisAgree [2] Agree [6] Reply Report Abuse

  • dylan, Mangalore

    Thu, Jun 27 2019

    These must be the fellows who bring gold from the Middle East in different forms like paste, powder and etc. These are the same fellows who hide gold in their underwear, body cavities, shoes and etc.

    DisAgree Agree [6] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Thu, Jun 27 2019

    I don't think they have the guts to Raid Kalyan Jewelers ...

    DisAgree [13] Agree [31] Reply Report Abuse

  • Abdul Rauf, Mangalore

    Thu, Jun 27 2019

    What about D K Shivakumar ?

    DisAgree [5] Agree [6] Reply Report Abuse

  • AM, Mangalore

    Thu, Jun 27 2019

    Raid BJP office in Delhi

    DisAgree [33] Agree [47] Reply Report Abuse

  • Ahmed, Mangalore/Dubai

    Thu, Jun 27 2019

    Is this the only jeweller in India. Why not raids conducted in Bangalore. Doctors, builders, jewellers, educational institutions all are raided in Mangalore. Why not in Bangalore. Mangalore is a very small city compared to Bangalore. Highest millionaires are in Bangalore.

    DisAgree [18] Agree [46] Reply Report Abuse

  • Aadil Khan, Kasaragod/Saudi Arabia

    Thu, Jun 27 2019

    Next time when you come to India for medical check-up or for treatment, better you seek Ayurveda. Good luck.

    DisAgree [9] Agree [19] Reply Report Abuse

  • Mannoo, Hiraidka

    Thu, Jun 27 2019

    Your anxiety we understand much. Most of smuggled contraband gold at last enter into such jewellary. Only raid occur where in lies more black money who evade taxes. D-gang also having major role.

    DisAgree [4] Agree [22] Reply Report Abuse

  • mahesh, Mangalore

    Thu, Jun 27 2019

    why are YOU getting rattled by the raids?
    your friends, are they?

    DisAgree [6] Agree [24] Reply Report Abuse

  • Rita, Germany

    Fri, Jun 28 2019

    Ahmed mangalore Dubai,I think they are investigating in the case of last duped case of jewellary shop?They must be thinking or these jewellary was sold,or something like that ?or any case of selling fake jewellary.There is a wurm inside.wait for report.

    DisAgree Agree [2] Reply Report Abuse

  • Vincent Rodrigues, Katapadi/Bangaluru

    Thu, Jun 27 2019

    Good if they nabbed unaccounted income.

    DisAgree [4] Agree [28] Reply Report Abuse

  • Mannoo, Hiraidka

    Thu, Jun 27 2019

    No onecan cheat anybody any more either to public or government.
    We feel sad for employees who working here...whose rozi-roti depend on it. May be how many many employees of mansoor khan firm are now come on road for there fraud. Dreams of them are shattered.

    DisAgree [4] Agree [18] Reply Report Abuse

  • francis lobo, Mangalore

    Thu, Jun 27 2019

    Pity the Jet Airways employees than these small timers. What about Gitanjali Gems or Nirav Modi firms. These fraudsters are living because of our PSB banks who funded them and covered up their losses. Please show me one chairman /MD of a Private sector or Public Sector bank going to jail for the losses incurred by the bank due to these fraudsters. Until or unless these PSB bank heads feel the heat and made to pay nothing will happen. Catching a clerk like Shetty of PNB bank will not help. It will just a cover-up. Can you tell me what happens to the PPF amount invested in the IL FS companies? Are the directors of PPF are held responsible . The amount, in this case, is 10000 crore and the is the hard earned money of the people working in industries. If the USA can take action against Rajat Gupta in insider trader case and jail him for 3 years why not in India. Even Rajat Gupta was not working in USA when he was arrested but was the director of ISM Hyderabad. Still the USA government was powerful to call him back to USA and arrest him. Can this happen in India ?.

    DisAgree [2] Agree [26] Reply Report Abuse


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