A 36-year-old woman police constable serving in Ahmedabad has accused a 30-year-old man of cheating her of approximately 17 lakh rupees after concealing his marriage, promising to marry her, and luring her into speculative share trading. The Gomtipur police registered a formal case against the accused, identified as Majid Khan Sikandar Khan Chauhan, following a detailed complaint filed by the armed police constable. Investigators have launched a probe into allegations covering financial fraud, the unauthorised handling of online investment accounts, and personal exploitation under the false pretext of matrimony.
The complainant joined the Ahmedabad City Police force in July 2020. Her initial introduction to Chauhan took place after an encounter with a State Reserve Police personnel at a metro station in April 2024. The personnel presented Chauhan as an acquaintance from their native region who managed a non-governmental organisation and actively engaged in stock trading. Assured by statements that other personnel had generated profits through him, the complainant, who was planning to purchase a residence, sought guidance to supplement her earnings through market investments.
Financial assurances and trading account access
Chauhan initially told the woman that stock market participation required a minimum capital of 10 lakh rupees before modifying the threshold to match her financial capacity. He claimed to have assisted multiple police department employees with market investments, citing strong financial returns. Acting on his directions, the woman installed a trading application and established an account under her name.
The complaint states that Chauhan retained the operational credentials and passwords, directly executing trades on her behalf. Between January and August 2024, she deposited roughly 6.35 lakh rupees into the portfolio. Although the ledger reflected a trading loss of about 50,000 rupees during this timeframe, Chauhan continuously pressed her to contribute additional funds under the assurance of impending gains.
Allegations of concealed marriage and personal deception
Alongside the financial transactions, Chauhan developed a close personal relationship with the woman and extended an explicit promise of marriage. The complainant alleged that he engaged in physical relations with her on the foundation of this commitment while deliberately concealing his true family status. She subsequently uncovered that the accused was already married and had a child.
Upon learning about his existing marriage, the complainant confronted Chauhan and demanded a comprehensive accounting of her transferred funds and stock investments. According to the complaint, Chauhan had extracted around 17 lakh rupees across multiple dates under various pretexts, including purported equity investments. The accused failed to return the funds, provided no profit distributions, and offered no satisfactory answers regarding the whereabouts of the capital.
Gomtipur police trace transactions and trading trails
Following the registration of the complaint, the Gomtipur police initiated an examination of the financial and electronic trails connected to the dispute. Investigators are scrutinising bank statements, transaction ledgers, digital messaging records, and the operational logs of the trading software to verify who managed the transactions and where the diverted funds were eventually deposited.
Authorities are reviewing the communications exchanged between the parties to evaluate the timeline of events. Police are also inquiring into whether Chauhan targeted other personnel within the department or private individuals using similar assurances of high investment returns. Officials stated that further legal measures will follow the examination of the digital records, financial trails, and relationship allegations.
