Mr. Sonawane said, “Mr. Sali examined the metal and told Mr. Khamse that it emitted high frequency radiation. He said a coating of a chemical available only with the Defence Research and Development Organisation had to be applied on the metal. He said the chemical would cost 1% of the market value of the metal, which was ₹100 crore.” Mr. Khamse then paid ₹1.09 crore to Mr. Sali to buy the chemical. Mr. Sali and his partner soon stopped taking Mr. Khamse calls. When he demanded his money back, Mr. Sali paid him ₹19 lakh and warned him not to ask for more. Mr. Khamse then registered a case with Kalamboli police on Wednesday. The Economic Offences Wing Unit II has started investigating the case.