Gold worth Rs 1.25 crore looted from Muthoot Finance, security-guard masterminds robbery, police nab five suspects


    Jamshedpur : The police are suspecting security-guard Srinivas Sharma to be the mastermind behind gold loot from a private finance company at Adityapur police station last evening.

    The company security-guard Srinivas along with five others, including another security-guard on Monday evening looted gold worth over Rs 1.25 crore and Rs 70,000 cash from the office of Muthoot Finance Limited at gun-point.


    The company provides loan by keeping gold in mortgage. Company officials claimed that the value of the gold was Rs 2.25 crore
    Seraikela-Kharsawan superintendent of police Indrajit Mahthe who arrived at the spot started investigating the case.

    We have got major clues and we are confident that Srinivas Sharma, the security guard appointed by Target Security is the mastermind behind the loot.


    Sharma along with Ranjit, who is his nephew and four others has executed the robbery plan which he had
    conspired a month ago,” said Mahthe.

    He said the police have identified three of the six robbers involved in the case, the third one being Rahul Singh, a friend of Ranjit.
    SP, Seraikela-Kharsawan said Srinivas who hails from Aurangabad district of Bihar, was a criminal person and was wanted by the Bihar police.

    The SP said that they have sent two teams of police to Bihar and Bengal for tracing the criminals involved in the robbery.
    While speaking about the security guard agency, Mahthe said that they will also look into whether the owner of the security agency was also in hand-in-gloves with the robbers.

    He said they have picked up about five suspects for interrogation in connection with the case.
    Though the company officials maintained that the robbers had taken away gold worth Rs 2.5 crore, however, police claimed that the value was of Rs 1.25 crore.

    The security guards, Srinvas Sharma and Ranjit Sharma along with four masked men had entered the office, which was almost closed. The attackers, three of them holding guns, had first took the branch manager Harilal Dayal under control after assaulting him and subsequently opened the iron-chest from where they took away the whole stock of gold jewelleries.

    Adityapur police station’s officer-in-charge, K N Mishra informed that all the exit points
    from Adityapur have been sealed and an intensified search operation across the township has been launched.


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