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Home»Local News»Duplicate keys, CCTV tampering: How a bank manager orchestrated Rs 53 crore heist in Karnataka | Bangalore News
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Duplicate keys, CCTV tampering: How a bank manager orchestrated Rs 53 crore heist in Karnataka | Bangalore News

June 29, 2025No Comments4 Mins Read
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The Karnataka Police Friday introduced that they’ve efficiently solved one of many largest financial institution heists within the nation, the place Rs 53 crore price of jewelry was stolen. The police have arrested three males, together with a supervisor who had been transferred from the financial institution’s department.

The accused have been recognized as Vijayakumar Miriyala, 41, and his associates Chandrashekar Nerella, 38, an worker at a personal firm, and Sunil Narasimhalu Moka, 40. On Could 25, a theft was reported on the Canara Financial institution in Managuli city, Vijayapura district, the place 58.97 kg of gold ornaments had been stolen.

Lakshman Nimbargi, Superintendent of Police, addressing the media in Vijayapura district, stated the accused tried to mislead investigators. “The case has been cracked regardless of creating a number of eventualities that diverted the investigation,” he stated.

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Miriyala, who labored as a supervisor within the Managuli city department of Canara Financial institution, was transferred to the Ronihal department within the Vijayapura district on Could 9. The plan was to steal the financial institution solely after his switch, stated the police.

The police recovered two autos used within the crime and 10.5 kg of gold ornaments price an estimated Rs 10.75 crore.

Investigators additionally seized gold bars that had been created after the stolen ornaments had been melted, a technique employed by the thieves to facilitate simpler transportation and disposal of the stolen items. The police suspect that extra individuals had been concerned within the crime, and the investigation will proceed to recuperate further gold.

Heist Impressed by motion pictures, the accused, after the heist, allegedly transported their two-wheelers utilizing a truck, making certain their autos wouldn’t be traced to the crime scene (Categorical Picture)

In keeping with a police officer, when the investigation started, it was suspected to be an insider job. “We discovered that Miriyala had supplied financial institution keys to his co-conspirators in March-April earlier than his switch from the department. The group then created duplicate keys and examined their performance in preparation for the heist. The timing of the theft was rigorously calculated. Miriyala waited till after his switch to execute the plan, making certain he wouldn’t be instantly suspected,” the officer stated.

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The group, in accordance with the police, initially deliberate to strike on Could 23, coinciding with the Royal Challengers Bengaluru-Sunrisers Hyderabad Indian Premier League (IPL) match, hoping that celebrations from followers would offer cowl for his or her actions. Nonetheless, when RCB misplaced the match, they postponed the operation by someday, stated the police officer.

Heist The police recovered two autos used within the crime and 10.5 kg of gold ornaments price an estimated Rs 10.75 crore. (Categorical Picture)

The accused allegedly spent months learning and analysing the financial institution’s location and CCTV protection. Additionally they allegedly went via financial institution robberies that had taken place in different states. After the heist, to divert the police’s consideration, they positioned saffron, turmeric, and blowtorches contained in the financial institution, hoping police would assume the perpetrators had been from Tamil Nadu or Kerala, the place such gadgets are typically related to theft circumstances involving witchcraft, stated the police.

Impressed by motion pictures, the accused, after the heist, allegedly transported their two-wheelers utilizing a truck, making certain their autos wouldn’t be traced to the crime scene. Additionally they allegedly manipulated the financial institution’s safety techniques, diverting CCTV cameras and reducing cables to the high-mast lighting, and took away the community video recorder (NVR) from the financial institution.

“Eight groups had been shaped to nab the accused. One of many major leads we bought was the motion of a automobile a couple of hours earlier than and after the heist. It was discovered that the automobile was registered within the title of Miriyala, and upon his interrogation, he confessed to the crime,” stated the officer.



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