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In Japan, stag beetles are seen as symbols of strength and courage.
According to an India Today report, the stag beetle's unique appearance makes it a favourite among insect enthusiasts.
Some also believe that stag beetles can make a person wealthy and this belief has contributed to their high market value.
It is considered to be the symbol of good luck.
The stag beetle is one of the most expensive insects in the world. It can cost up to Rs 75 lakh due to rarity.