A four-member gang allegedly defrauded two Mumbai jewelers of approximately 1.75 crore in two separate incidents. In one case, a jeweler was tricked into delivering gold bracelets worth 1.5 crore after receiving a partial security deposit. The accused, identified as Raju Bablu Dalbera, Chandu Krishna Rai, Mohit Raghavendra Verma, and Ramesh Shantilal, are under investigation by VP Road and Pydhonie police for criminal breach of trust and cheating.