Archive · 21 Aug 2025
Surat Diamond Owner Planned Fake Theft to Claim Insurance
In Surat, India, a diamond factory owner pretended his business was robbed to get money from insurance.
Devendra Chaudhary, the owner, owed lots of money.
He made it look like diamonds and cash were stolen, but the police found out he was lying.
They realized the robbery was faked to get insurance money.
The owner, his son, and driver were arrested, and the police are looking for others involved.
The owner hoped to pay off debts with the insurance claim.
Surat police cracked a fake diamond theft case, arresting DK Sons owner Devendra Chaudhary.
The investigation revealed the 'theft' was a planned insurance scam to pay off debts.
Authorities found no forced entry at the factory and a clean safe interior despite gas cutter use.
Chaudhary made an advance insurance payment before the alleged incident.
Police have arrested Chaudhary, his son Ishan, and others; additional accomplices remain at large.
- Who
- Devendra Chaudhary, his son Ishan, driver Vikash, and others were arrested.
- What
- A diamond factory owner staged a theft for insurance money.
- When
- The fake theft occurred over the Independence Day weekend; the advance premium payment was made on August 12th.
- Where
- Surat, India, at the DK Sons diamond factory.
- Why
- To claim insurance money and pay off debts.
Police Findings
Original Report
Method of Entry
Police Findings
The main gate was not damaged.
Original Report
The original report stated that the building was robbed.
Condition of Safe
Police Findings
Police discovered the safe was opened first.
Original Report
The owner reported that the safe was broken open using a gas cutter.
Insurance Payment
Police Findings
The owner made a payment to insurance prior to the alleged event.
Original Report
The owner claimed theft after making the payment to receive his insurance money.
- Suspects Arrested
- Devendra Chaudhary, Ishan Chaudhary, Vikash Bishnoi, Ramjivan Bishnoi
- Factory Name
- DK Sons
- Insurance Amount
- ₹20 crore
- Owner's Debt
- ₹10 crore
- Loans and Mortgage
- ₹13 crore
