A labourer unearthed a 7.2 carat diamond worth an estimated USD $46,949 from a mine in central India's Madhya Pradesh state on October 29.

A video shows the precious stone being examined to determine its worth.

Balbir Singh Yadav extracted the diamond from a pit at Krishna Kalyanpur mine in the Pati Bajaria village, diamond inspector Anupam Singh said.

After unearthing the stone, Yadav rushed to the mine office to deposit it with the authorities.

According to local media, this is the second time Yadav has got lucky in the Panna district of Madhya Pradesh.

The exact value of the diamond is still to be decided by the authorities. Yadav and his wife Laadwati said that they were informed the diamond would fetch anywhere between Rs ₹35 lakhs (USD 46,949) and Rs ₹40 lakh (USD 53,656).

The stone will be auctioned, following which the couple will get the proceeds after a deduction of 12.5 percent royalty, an official added.

A fortunate labourer was able to unearth a diamond weighing 7.2 carats worth at least Rs 35 lakhs (USD 46949) from a mine in central India's Madhya Pradesh on October 29.

He got lucky for the second time in a row in Panna district.

A video shows the shiny jewel being examined to determine its worth.

Balbir Singh Yadav extracted the precious stone from a pit at Krishna Kalyanpur mine in Pati Bajaria area of the district, diamond inspector Anupam Singh said.

After unearthing the stone, Balbir rushed to the mine office to deposit it with the authorities.

While the official said the exact value of the diamond will be decided by the authorities, Balbir and his elated wife Laadwati stated that they were informed that it would fetch anywhere between Rs 35 lakh (USD 46949) to Rs 40 lakh (USD 53656).

The stone will be auctioned, following which the couple will get the proceeds after deduction of 12.5 per cent royalty, the official added.