Mughal, Nizam era treasure recovered in Hyderabad

Posted on Wed , 12 Dec '12

Construction workers recovered over 5 kilograms of antique gold and silver ornaments, valued at over 5 crore rupees, while demolishing a house in Hyderabad. The house was in the city's old quarter. It belonged to a local resident Satish, whose grandfather had purchased it over half a century ago. The antiques were found concealed in a wall. City police said that the ornaments belonged to the Mughal era and to the time of the city's Nizams, and that their antiquity made them over ten times as valuable as the cost of the metal. The labourers who found the treasure were unable to reap the benefits of their good fortune. They were apprehended when they tried to sell their find in the open market.

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