Put the mawa (khoya), paneer and refined flour in a flatted big utensil and knead them till they look like dough.
Boil the oil in a frying pan.
Take out a small lump (about one tea spoon) of the mawa (khoya) dough and flatten it using your palms. Put 3 to 4 small pieces of cashews along with a dry raisin, on it and enclose it from all the four corners. Now keep it between the palms and turn it into a round ball like shape.
Put 3 to 4 of these ball shaped dough in the frying pan (fry them on medium flame and ensure that frying spoon doesn't touch them. Put hot ghee on them with the frying spoon. Overturn them when they turn light brown. Like this fry them to light brown color from all sides). Now take out the gulab jamuns in a plate. After 2 minutes submerge them in the sweet syrup. Like this make all the ball shaped gulab jamuns and after frying submerge them in the sweet syrup.