Updated on: 8th MAY 2023 01:04 PM IST | Mumbai
S S NADAR | news@debotimes.in

The minor boy wanted to invest more money in the share market to become rich.

Mumbai: A young boy was arrested by Mumbai police on Saturday after he tried to loot a jewellery shop in the city, using a plastic gun. During the interrogation, the 16-year-old boy informed the police that he committed the crime to make money to invest in the share market.

The incident took place at the Shakti Jeweller’s shop on 60 Feet Road, Bhayander West at around 5 pm on Saturday.

According to police, the minor accused reached the shop and informed the jeweller that he has some gold biscuits to sell. The jewellery management refused to buy it from him and asked the boy to leave. He left the shop initially and came back after a few minutes with a plastic gun in his hand.

The boy from the Bhayande area entered the shop and told the jeweller that he wanted to sell gold biscuits. The jeweller refused to buy them and asked the boy to leave. A few minutes later, the boy entered the shop again, this time wielding a plastic gun.

People at the jewellery could not recognise at first that it was a plastic gun and the boy looted the shop. However, while he was trying to flee after the robbery, some locals caught him and handed him over to the police.

"During the questioning, he said he attempted the robbery to make money to invest in the share market," a senior police official said.
According to police, the accused is an SSC student. His father who runs a tea shop has a Demat account and the boy was handling it. He used to earn a good income from it and wanted to invest more money to become richer.

The Bhayander police recovered the plastic gun from him and a case under relevant sections of India Penal Code (IPC) has been registered against the minor boy.

The boy will be sent to a juvenile detention centre.