Hyderabad: The strategy of the TS police of keeping repeated offenders under close watch shows that a large number of students are involved in theft of property in Hyderabad.
They use the money to buy high-end phones, bikes and fund their holiday trips. It’s a way of earning easy money and spending lavishly, police said.
Ten grams of gold now costs above Rs 30,000, making chain snatching a lucrative crime, said an official from the Commissioner’s Task Force.
Earlier this year, Cyberabad police booked two 19-year-old students for extorting money from a female friend by threatening to divulge information about her alleged affair. The woman gave them gold ornaments from her house and in total they collected around 12.5 tolas of gold with which they purchased a bike and a guitar.
The police find during interrogation that the money is used to buy luxury items, unknown to their parents.
“The unemployed educated youth even take to cyber crimes to earn money holding out false promises of jobs via backdoor entry or by providing an opportunity to go abroad for education," the official said. He added that those who have only managed to get odd jobs, which is not enough to meet their expenses, commit online frauds by either establishing a fake website and company or by luring other fresh graduates with jobs and opportunity.
