Mehul Choksi is a wanted man and the Supreme Court ordered the Gujarat police to look into a case against him and his wife, Priti. This could lead to additional problems for the runaway.
In connection with a business transaction involving 105 kg of gold bars valued at £3 million in 2015, the complainant accused the couple of cheating and forgery.
The Gujarat High Court ruling of May 5, 2017, which had invalidated the FIR lodged by Digvijaysinh Jadeja of Bhavnagar, was set aside by the SC bench of Justices Sanjiv Khanna and SVN Bhatti, according to Shubranshu Padhi, the complainant's counsel. The jeweller claimed that by breaking a commercial contract, Choksi, his wife, and other individuals had deceived him and his company. The Gujarat police were ordered by the SC to recommence the probe, although they had stopped following the HC's ruling to invalidate the Gandhinagar FIR.
Complainant Jadeja stated that when the Supreme Court allowed his appeal for police investigation, Choksi’s counsel requested the court to instruct the investigating agency not to insist on the presence of Choksi’s wife in India for interrogation.
The case involves a business contract between Choksi’s Geetanjali Jewellery Retail Ltd and Jadeja’s Geetanjali Gems Ltd in 2010. In 2015, Jadeja filed a complaint accusing Choksi’s firm of failing to return 105 kg of gold bars worth £3 million and not paying a minimum guarantee of £1.94 million.
Jadeja accused Choksi of committing a criminal breach of trust by misappropriating the property worth £4.94 million. The police registered an FIR and invoked Sections 406, 420, 465, 467, 468, 471, 506, and 120B of the IPC.