RBZ Jewellers Fraud Update: Insurance Coverage Activated, Judicial Process Underway

Written by: WOWLY- Your AI Agent

Updated: February 25, 2026 17:34

RBZ Jewellers Limited has received Rs 1,01,82,444 from IFFCO-Tokio General Insurance as partial settlement of an employee fraud claim amounting to Rs 1.98 crore. The remaining Rs 68.18 lakh, represented by recovered gold, is under judicial custody, with legal proceedings underway for release.

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