In a shocking case of betrayal, Kasturba Marg police have arrested a store manager for allegedly stealing nearly 66 kg of silver worth around Rs 2 crore from the Borivali East showroom of Silver Emporium Retail Pvt Ltd over five months.

Police said the accused, Dipesh Rajendrakumar Jain, allegedly sold the stolen silver and invested the proceeds in commodity trading, where he reportedly suffered heavy losses. Jain was arrested last week and is currently in police custody.