Rs 4-cr heist at Muthoot Finance foiled as alarm goes off
Team Udayavani, Aug 27, 2021, 2:36 PM IST
Credit: iStock Photo
Two people were caught red-handed while attempting to break open the locker of Muthoot Finance, a gold loan non-banking financial company in East Bengaluru here.
The arrested – Rohan, 22, and Agari, 28 – hailing from Nepal were employed as security guards at apartments in East Bengaluru, police said.
The accused used to visit the branch to transfer money home and had seen people borrow money by pledging gold and decided to steal it.
However, the security alarm went off when they were trying to break open the locker with an axle blade. Alerted by the alarm, Jayachandran S, regional room manager of Muthoot Finance called the police and the emergency services department. He also rushed to the branch with the firm’s vigilance team.
Upon reaching the spot, the police and the vigilance team found the shutter half-open and heard noises from within. They rushed inside and caught the duo.
The safe contained Rs 4 crore in cash and gold jewellery .
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Some countries, institutions want weak govt to make easy profits: PM Modi
Sexual harassment, stalking case registered against ex-minister H D Revanna and his son Prajwal
Vijayapura: Tragedy at Lachyana Maharathotsav – 2 dead, one injured after being crushed by chariot
INDIA bloc’s formula is to give PM’s post to alliance parties for one year each: Modi
ASICS Athlete Peter Mwaniki Leads Victory at TCS World 10K Bengaluru 2024
MUST WATCH
Latest Additions
Some countries, institutions want weak govt to make easy profits: PM Modi
People can talk anything they want to, I know my game better: Virat Kohli on his strike rate
Sexual harassment, stalking case registered against ex-minister H D Revanna and his son Prajwal
Reservation row: Congress campaign ‘biggest lie’ of the decade, says Kishan Reddy
BJP trying religious polarisation in Nagaon: Congress candidate Pradyut Bordoloi