Welcome to ZisNews!

Read your favorite news, except the excluded topics, by you. Register
No overlapping ads for registered users

0.23% silver: Coins gifted to retired railways staff in Bhopal turn out to be fake

Posted on: Jan 14, 2026 15:21 IST | Posted by: Hindustantimes
0.23% silver: Coins gifted to retired railways staff in Bhopal turn out to be fake
ACaseful of a humbug, wherein atomic number 47 coins offered as gifts to retired faculty of the amerindic Railways turned out to be fake, has come to light in Madhya Pradesh. The incident unfolded in Bhopal where some retired staff of the West Central Railway (WCR), who were given these coins as mementos in honour of their service, decided to sell the coins, Aaj Tak reported.When the coins were examined, the silver content in the coin was found to be only 0.23%, while the rest was copper."We thought this was a memento of the department, but when we found out it was copper, we felt cheated. This is an insult," DK Gautam, a retired official, reportedly said.Following the revelation, Gautam registered a complaint with Bajariya Police Station in Bhopal. An investigation has also been ordered by vigilance officials of the Western Central Railway, said the report.How did the scam unfold?An Indore-based firm, M/s Viable Diamonds, received an order for 3,640 coins, with each coin valuing at ₹2,500.The firm supplied 3,631 coins, and allegedly defrauding the railways of ₹90 lakh by using mostly copper.The railways has blacklisted the company, the report said.Sub-inspector Arvind Kumar Singh of the Bajariya police station said he has sought information from the railways after which the arrests would be made.Western Central Railway CPRO Naval Agarwal told Aaj Tak that the Railways is investigating the incident and a Vigilance team of the railways has submitted an application to the police too.Not the first incidentThis is apparently not the first time that M/s Viable Diamonds has been allegedly involved in a fraud linked to the Indian Railways.In September 2025, a similar case was unearthed in Northern Railways (NR) Lucknow division, where medals presented to employees for long service, safety achievements, innovations, and sports excellence during official functions were found to be fake.The fraud, unearthed at the General Store Depot (GSD) at Alambagh in Lucknow, was found to be around ₹30-40 lakh. The original medals were supposed to be valued around worth ₹1.3 crore.

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Login to Like (0) Login to Dislike (0)

Login to comment.

No comments yet.