No decision yet on shifting Nizam’s jewels to Hyderabad: CentreThe government informed the Rajya Sabha that the famed collection of Nizam’s jewels, comprising 173 pieces, continues to be safeguarded under a high-security custodial arrangement with the Reserve Bank of India. The jewels, stored in RBI vaults since 1995, remain a matter of public sentiment in Hyderabad. He was also asked whether the government proposes to relocate the collection to Hyderabad for a permanent public exhibition. He further said that “as per the existing MoU with the Reserve Bank of India for security, insurance and conservation considerations, the Jewellery is under a high-value, high-security custodial arrangement with the Reserve Bank of India”. However, no decision has been taken at present to relocate the collection for a permanent public exhibition in Hyderabad, the minister said.