Archive · 11 Aug 2026
Hidden treasure cheating racket busted in Hyderabad, four arrested
Some people in Hyderabad tricked others by promising to find treasure buried under their houses.
They said they had special knowledge to know where hidden treasure was.
People gave them money hoping to get rich.
The tricksters would dig up the ground to look for treasure.
Secretly, they buried a sack full of coal and fake gold coins.
Then they told the homeowners it would take time to turn the coal into gold.
After that, they ran away with the money.
Police caught four of these tricksters.
Police say they fooled 11 people and took about one crore rupees.
Police are now warning everyone to be careful of such fraudsters.
Four persons were arrested in Hyderabad for allegedly cheating people of around Rs one crore by promising to locate hidden treasure buried under residential premises.
The gang duped 11 people in different areas before being apprehended, police said.
Police seized two four-wheelers, one auto-rickshaw, two motorcycles, four cell phones, 25 fake gold coins, six kgs of coal, four kgs of soil and pooja material from the accused.
The accused planted a sack containing coal and duplicate gold-coated coins after digging, then fled saying it would take time to convert the coal into gold.
A case was registered at Rajendra Nagar Police Station, and Additional Deputy Commissioner of Police (Taskforce) KS Rao confirmed the arrests.
- Who
- Four accused persons, identified as Mohd Munawar, Syed Ali Ashraf, Mohd Haji and Mohd Salman, arrested by the Commissioner's Task Force Shamshabad Zone and Rajendra Nagar Police.
- What
- A cheating racket that promised victims hidden treasure buried beneath their houses.
- When
- Reported on Monday, Aug 10, with the arrests made on August 10.
- Where
- Hyderabad; case registered at Rajendra Nagar Police Station.
- Why
- To cheat gullible people of money by making false promises of locating underground treasure.
- Arrests
- 4 persons
- Amount involved
- Around Rs 1 crore
- Victims
- 11 people across different areas
- Items seized
- 2 four-wheelers, 1 auto-rickshaw, 2 motorcycles, 4 cell phones, 25 fake gold coins, 6 kgs coal, 4 kgs soil, pooja material
- Case registered at
- Rajendra Nagar Police Station
- Police official
- KS Rao, Additional DCP (Taskforce)
- Accused identified as
- Mohd Munawar, Syed Ali Ashraf, Mohd Haji, Mohd Salman
- Modus operandi
- Planting coal sacks and fake gold coins after digging, then claiming coal would convert into gold
