Man Finds 26.11 Carat Diamond Worth Rs 1.20 Crore In Madhya Pradesh Mine

Madhya Pradesh: The precious stone may fetch up to Rs 1.20 crore in auction, Panna's diamond officer Ravi Patel said.

A man operating a small scale brick kiln business has found a 26.11 carat diamond in a shallow mine in Madhya Pradesh's Panna district, an official said on Tuesday.

The precious stone may fetch up to Rs 1.20 crore in auction, Panna's diamond officer Ravi Patel said.

Sushil Shukla, a resident of Kishoreganj in Panna town, and his partners found the diamond on Monday in the mine located near Krishna Kalyanpur area, the official said.

The gem will be put up for auction in a couple of days and the proceeds would be given to the miner after the deduction of government royalty and taxes, he said.