The Economic Offences Wing of the Crime Branch has officially submitted its chargesheet in the massive ₹7.5 crore embezzlement scandal that rocked a prominent jewelry firm in Kannur. The key accused named in the document are K. Sindhu, the firm’s former chief accountant, and her husband, Babu.
The investigation, which began last July after the managing partner of the jewelry firm first alerted the Kannur Town police about alleged account manipulation and siphoning of funds by Sindhu, was later transferred to the Crime Branch. Inspector B. Aneesh led the meticulous inquiry, overseen by Superintendents of Police M.P. Vinod Kumar and M. Pradeep Kumar.
According to the chargesheet, which was presented to the Kannur Judicial First Class Court on Tuesday, September 23, 2025, Sindhu purportedly misused the vast embezzled sum to finance the construction of a lavish residence in Chirakkal.