Maharashtra: Robbers decamp with 30 kg of gold from Manappuram bank

“The CCTV footage shows five men carrying out the act but we do not know if there were more. We are looking out for them,” said Deputy Commissioner of Police Abhinash Kumar.

By: Express News Service | Nagpur | Updated: September 29, 2016 3:19 pm

In the biggest ever heist in the city, almost 30 kg of gold and Rs 3 lakh in cash were stolen from Manappuram Gold Bank in Jaripatka locality Wednesday. The total worth of the stolen booty is stated to be in the range of Rs 8 crore. The incident occurred around 4.30 pm when five robbers armed with desi katta (pistol) barged into the bank.

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Four bank staffers, including the manager, and six customers were present at the time. The bank had discontinued its private security a few months ago, said the police. The robbers forced all staffers and customers into the strongroom. The heist went on for at least 20 minutes, according to Deputy Commissioner of Police Abhinash Kumar. “The CCTV footage shows five men carrying out the act but we do not know if there were more. We are looking out for them,” he said.

In a statement issued Thursday, the management of Manappuram Finance Ltd said the interest of their customers and security of their gold jewellery was their first priority. “We confirm that the gold stolen from the branch is fully insured and our customers will not be put to any loss on this account.”

We have committed our full cooperation with the police in the investigations. We have shared all necessary information and data, and we are confident that the looted property will be recovered soon.”

This article was updated to reflect a statement by the management of Manappuram Finance Ltd.

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