Some business stories feel almost too dramatic to be real. A tiny workshop that grows into one of the biggest names in Indian gold, a stock that touches ₹1,000-plus, and then, decades later, a regulator's order that wipes out most of its value in a matter of days. That's the story of Rajesh Exports Limited. Before we get into it, one important note: everything below about the alleged fraud comes from SEBI's interim order , which is not a final verdict. Rajesh Exports and its founder, Rajesh Mehta, have denied the allegations and say they will contest them. Keep that in mind as you read — this is a story that's still being written. Chapter 1: The Rise It started small. In 1989, brothers Rajesh Mehta and Prashant Mehta, from a middle-class Jain family with no big business connections, set up a 10-person jewellery manufacturing unit in a Bangalore garage. No shortcuts, just hard work. Within a year they'd opened their first retail outlet, and by 1995 the busi...