Three folks have been arrested in India after a daring 70m rupees ($800,000; £600,000) heist by which armed males posing as central financial institution officers robbed an ATM money van.
On Saturday police within the southern metropolis of Bengaluru stated they’d cracked the case and recovered 57.6m rupees of the cash stolen three days earlier.
“Our investigation is on monitor to get the remaining quantity,” Bengaluru police commissioner Seemant Kumar Singh informed reporters.
Singh later informed the BBC three suspects had been detained. “We’re searching for two to 3 extra,” he added.
These folks arrested embody Gopal Prasad, an worker of money transport firm CMS, J Xavier, a former CMS employee, and Annappa Naik, a neighborhood police constable.
The theft befell in broad daylight within the Lalbagh space of Bengaluru.
The thieves pretended to be officers of the Reserve Financial institution of India. They stopped the transport automobile saying they needed to examine the paperwork for such a lot of cash.
The automobile’s money custodian and two safety guards had been instructed to get into an SUV, whereas one of many gang members took management of the van, police stated.
Police stated the gang had modified autos, used faux registration plates and chosen places with minimal CCTV protection to switch the containers of money.
A large hunt was launched on Wednesday, with greater than 200 law enforcement officials deployed throughout Karnataka state and the neighbouring Kerala, Tamil Nadu, Telangana, Andhra Pradesh and Goa states.
Detectives are investigating the function of CMS and doable violations of pointers for transferring money, Singh stated.
“The vans shouldn’t observe the identical route and timing repeatedly in order to turn into predictable,” he added.