A police team stationed in Islamabad for nearly 10 days received a tip-off that the prime suspect in a major gold scam was hiding in the federal capital. The suspect was wanted in multiple FIRs filed by jewellers as well as by his stepmother.
The fraud case came to light in December 2025 when several jewellers from Madina Jewellers Market, Ichhra, reported that the suspect had vanished along with 20kg of gold—worth over Rs1 billion—that they had entrusted to him over many years. When the jewellers visited his shop, they found the lockers containing their deposited gold ornaments unlocked and empty.
According to officials familiar with the investigation, the suspect had been frequently changing his location before police finally managed to apprehend him along with his wife. Investigators initially intended to keep the arrest confidential to maximise recovery efforts, but the information surfaced publicly, disrupting their internal strategy.
Police sources also expressed concern that the charges mentioned in the FIRs might not fully reflect the scale of the alleged crime. They stated that a more detailed investigation was necessary, especially since the suspect had reportedly liquidated his assets—including his properties, vehicles, and possibly a significant portion of the missing gold.
One of the affected jewellers reported handing over gold ornaments worth more than Rs25 million to the suspect, who had operated his business in Ichhra for decades and was widely trusted in the local market. Another complaint filed by a woman stated that the suspect, her stepson, had taken 2.5kg of her gold.
The investigation wing has since confirmed the arrest and stated that the suspect was wanted in multiple FIRs related to the Ichhra market case. Further inquiry is underway, and officials have withheld additional details as the investigation progresses.
