Retired cop held in Bengaluru for ‘robbing’ realtors of Rs 83 lakh

Sixty-year-old Babu Noronha has been accused of plotting the robbery that was carried out last week.

By: Express News Service | Bengaluru | Updated: December 2, 2016 12:47 pm

A former deputy superintendent of police, who retired from the state intelligence department six months ago, has been arrested by the Bengaluru Police for allegedly robbing two real estate businessmen of Rs 83 lakh in new currency after promising them Rs 1 crore in old currency. Sixty-year-old Babu Noronha has been accused of plotting the robbery that was carried out last week by six men who claimed to be part of the Crime Branch in Bengaluru.

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The two realtors claimed to have collected Rs 83 lakh in new currency after they were offered Rs 1 crore in old notes in exchange by Karthik, an associate of the former Dy SP. After the exchange deal was struck and Rs 83 lakh in new currency was shown to Karthik, a group of men claiming to be from the crime branch arrived on the scene and flashed the former cop’s identity card. They asked the businessmen to escort them to a police station but forced the duo to stop midway before escaping with the cash.