This story of the Syamantaka jewel is very significant. In Srimad-Bhagavatam it is said that anyone who hears the story of the Syamantaka jewel or describes it or simply remembers it will be free from all kinds of defamation and the reactions of all impious activities and thus will attain the highest perfectional condition of peace.
SB 10.56.1: Sukadeva Gosvami said: Having offended Lord Krishna, Satrajit tried as best he could to atone by presenting Him with his daughter and the Syamantaka jewe