Rajmal Lakhichand Jewellers — fraud/ cheating in the gold custody-fd schemes

Address:

Mumbai, Jalgaon, Maharashtra, 425001

This is the fd case which rajmal lakhichand jeweller (Rl) has once advertised, stating the gold can be used to source another income from them.
The gold let by us to them was 80grams altogether comprising ornaments. Rl team promised us for 16.2% earning yearly for the time we keep our ornaments with them, it was also agreed to withdraw from the scheme at any point to which rl will be paying on pro-rata basis.
Then to our knowledge we entered the agreement with them on 11-april-2014, they have derived a figure for calculating the gold value at 2750/ 10grams kept in custody. (When questioned about same they have no answer)
It has been more than 5years we stored our gold ornaments ensuring in safe hands, but that was not the case here.
In 2019, during the wedding ceremony at home, we were ensured by thane store to get the ornament by choice from jalgaon store - despite that we were told again to go back to thane store as the officer communicated with the incharge of thane store - created a movie scene and
We could not wore our gold at ceremony the day which we had dreamt of.
When interevened for the act, they denied of any communication for our case from jalgaon store on that day.
We asked the thane store to return our 80grams gold kept in custody back, now the guys have 70grams to give me back as 10grams money value is the labour charges they will be deducting... When the gold was bought from the store we have already paid them labour charges and we have given this gold for fd schemes and not sold to them.
We were frustrated by the play and soon demanded the money for 80grams gold value instead - they paid 4years interest based on value they derived with 2nos cheques rs 126000/- each of 28th june and another of 28th july. When asked for the money on the same day, they started telling that they dont know us and the gold which we are talking about... They took our originals receipts for giving us the cheques.

Our fight is to get compensation for the gold value at current market rate and the interest amount to be calculated at 16.2% on gold price till the gold was in their custody.
We were in need of money for our financials were not good, they are giving us post-dated cheques, for our ornaments from them.
They have been fooling the public and need to close the stores immediately so that no one fall prey to cheaters anymore.