A woman from a village in Madhya Pradesh's Panna district has found a 2.08-carat diamond in a shallow mine, officials said today.

The diamond has been appraised to be of good quality and is likely to fetch up to Rs 10 lakh when it is put up for slae in the upcoming auction which will be carried out in accordance with government guidelines, the officials said.

Chameli Bai, a housewife, recently found the 2.08 carat diamond in a mine which she had taken on lease in Krishna Kalyanpur Pati area of the district, said Anupam Singh, an official from the diamond office at Panna.

The woman deposited the precious stone in the diamond office on Tuesday, he disclosed.

The woman's husband, who is a local farmer, said the family  would buy a house in Panna city with the money if they get a good price in the auction for the diamond.