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Sanjay Shah, one of the directors of JB and Brothers Private Limited, which has a store at the Bharat Diamond Bourse in Bandra-Kurla Complex here, approached the police claiming diamonds worth Rs 5.62 crore were missing from their stock, the official from BKC police station said.
The complainant suspected that the firm’s employees, Prashant Shah and Vishal Shah, both from Kandivali, were stealing diamonds from their store since April, he said.
Nilesh Shah, a former employee of the firm, allegedly helped the duo in selling the stolen diamonds, the police said quoting the FIR.
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An investigation was on into the case, the police added.