7 BTech graduates had accused Choksi of ₹1.5cr fraud in 2017

A group of seven BTech graduates had moved a Delhi court accusing Gitanjali Gems MD Mehul Choksi of ₹1.5-crore fraud in 2017. They had planned to open a Gitanjali Jewels retail franchise and were allegedly given damaged diamonds and gems against a security deposit of ₹1.5 crore. Notably, Choksi is one of the prime accused in the $1.77-billion PNB scam.