ANANTNAG, July 13, 2026: In a significant breakthrough against financial fraud, the Anantnag Police arrested a notorious scammer involved in a high-value gold coin deception scheme. The accused, identified as Sajad Ahmad Beigh, a resident of Draway, Larnoo, and son of Lassa Beigh, was apprehended under FIR No. 27/2026 at the Larnoo Police Station. The formal charges filed against him include Sections 318(4), 351(2), and 61(2) of the Bharatiya Nyaya Sanhita (BNS), which cover cheating, criminal intimidation, and criminal conspiracy.
The arrest follows a detailed complaint by a Srinagar resident who was swindled out of ₹12 lakh. According to authorities, Beigh and his accomplices orchestrated a sophisticated trap by convincing the victim that they could supply gold coins at heavily discounted rates. During the scheduled cash-for-gold transaction, the conspirators staged an interception at a fake checkpoint (naka). The suspects seized the purported gold coins and fled the scene, leaving the complainant entirely defrauded of his money.
Anantnag Police built a strong case against Beigh by gathering substantial oral and technical evidence that verified his active role in the conspiracy. Although the accused had initially secured anticipatory bail, law enforcement successfully challenged and overturned the order in court, clearing the way for his immediate arrest. While Beigh is currently in custody, police officials confirmed that the investigation remains active as they track down the remaining absconding suspects and work to dismantle the broader criminal network. Law enforcement has urged the public to exercise extreme caution and thoroughly verify financial transactions to avoid falling victim to similar fraudulent schemes.