'Gold from Mud' trade ends up in swindling Rs. 9.27 lakhs



S.K.Naguloli (36) resident of Andhra Pradesh has filed a complaint to the Coimbatore Police Commissioner as a local trader has deceived him and swindled Rs.9.27 lakhs.

S.K.Naguloli, has been involved in extracting gold particles from mud. On the 14th of July, he had received a call from Ponnusamy, Namakkal to discuss about a business deal. Ponnusamy introduced Tamim, a resident of Telegupalayam, who is engaged in selling mud to dealers like Naguloli. 

After initial inspection, Naguloli decided to place an order for 678 kg of mud from Tamim and also paid him Rs. 9.27 lakhs, in full.  He started the extraction process and was startled to learn that the mud carried no gold particles in it. He was totally aggrieved and in fury contacted Tamim, who in-turn threatened and warned him of dire consequences, if reported. 

Today, Naguloli lodged a complaint to the Coimbatore Police Commissioner, seeking to help him retrieve his money.

Coimbatore Police Declare Drone Red Zone Ahead of EVM Counting at GCT

Coimbatore City Police have imposed a temporary drone ban across 12 areas including R.S. Puram and Saibaba Colony from A...

CBSE Refutes OSM Glitch Claims; Class 12 Results Expected in Third Week of May

Rumours claiming that CBSE Class 12 results would be announced immediately have been denied by senior CBSE officials. Ac...

TNEB Transformer Procurement Scam Allegations: Senthil Balaji Denies Irregularities, Calls Probe Politically Motivated

Former Minister Senthil Balaji responds to allegations over transformer procurement for the Tamil Nadu Electricity Board...

CBSE Class 12 Results 2026 Expected Today or Tomorrow; 18 Lakh Students Await Scores

Central Board of Secondary Education may announce Class 12 Board Examination Results 2026 today or tomorrow for nearly 1...

Madras HC orders CBI probe into ₹397 crore TANGEDCO tender scam

Madras High Court has ordered a CBI probe into an alleged ₹397 crore transformer tender scam during Senthil Balaji’s ten...

District Collector Orders Closure of All Liquor Shops in Coimbatore on May Day

Coimbatore District Collector Pavan Kumar Giriyappanavar has ordered the closure of all liquor outlets across the distri...