The Vijayapura police in Karnataka have recovered a good portion of the loot from the Rs 21 crore heist on the State Financial institution of India (SBI)’s Chadchan department from a home in neighbouring Maharashtra, stated Laxman Nimbargi, Superintendent of Police, Friday.
Performing on a tip-off, police groups from Vijayapura and Solapur in Maharashtra recovered 6.55 kg of gold and Rs 41.4 lakh in money, stated the police. The gold jewelry was present in 136 packets together with the money on the roof of a home in Huljanti village of Solapur district.
The theft happened on September 16 when a number of masked males, wielding country-made pistols and different weapons, allegedly barged into the financial institution and overpowered the workers working there. It occurred at round 6.30 pm when the financial institution was closed to prospects. The robbers allegedly looted Rs 1.04 crore money and 20 kg of gold jewelry, price Rs 21 crore in complete.
The restoration was primarily based on a lead after one of many suspects within the case had an accident on the Huljanti village, leading to a confrontation with the native villagers. The suspect was learnt to have fled from the spot, abandoning a part of the loot within the automobile he was driving.
Following this, the police rushed to the spot and recovered the loot from the automobile earlier than a search in close by homes led to the restoration from the roof of one among them.
In a information convention Friday, Vijayapura SP Laxman Nimbargi confirmed the restoration and stated eight particular groups have been deployed to trace the suspects and remaining property. “We’re assured of constructing arrests quickly,” he stated.
The police estimate that 13.45 kg of gold jewelry and Rs 62.6 lakh in money are nonetheless lacking.
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In Might, an identical theft occurred when thieves stole Rs 5.20 lakh in money and 58.97 kg of gold jewelry valued at round Rs 53.26 crore from a Canara Financial institution locker on the Managuli village within the Vijayapura district. Following an investigation, the police arrested 15 suspects.

