Mangaluru: Armed gang robs Rs 15 crore worth gold, Rs 5 lac cash from Kotekar bank


Mohan Kuthar

Daijiworld Media Network - Mangaluru

Mangaluru, Jan 17: In a brazen daylight heist, a six-member armed gang looted over Rs 15 crore worth of gold ornaments and Rs 5 lac cash from the Kotekar Agricultural Cooperative Bank's KC Road branch near Ullal on Friday. The gang threatened the bank staff at gunpoint and escaped in a grey Fiat car.

The miscreants, wielding guns and swords, stormed into the bank, where they held three female staff members, one male staff member, and a CCTV technician at gunpoint. Threatening to kill them if they resisted, the robbers forced open the bank's locker and emptied it of valuables before making their getaway.

Karnataka Assembly Speaker UT Khader visited the crime scene and directed the police to expedite the investigation and apprehend the culprits. The police are working tirelessly to trace the perpetrators with the aid of forensic experts and a canine squad.

During the robbery, the gang forced a group of students who were at a bakery on the ground floor to stay away from the bank. They spoke in Kannada among themselves but communicated with the bank staff in Hindi, according to witness statements gathered by the police.

Coincidentally, the bank's CCTV system was undergoing repairs at the time of the robbery. The technician who had come to fix the system was also present and became a victim. The robbers forcibly took a ring from the technician and carried out their crime with precision.

The KC Road junction, usually a bustling area, was relatively quiet on the day of the robbery due to the weekend. This likely provided the robbers an opportunity to carry out their plan without raising suspicion.

The Ullal police, supported by fingerprint experts and other investigative teams, are gathering evidence. Authorities are pursuing all leads, with a special focus on tracing the grey Fiat car used in the escape.

The police in a statement said, “An armed robbery was reported at Sahakari Sangha Bank, Kotekar, today between 11:30 AM and 12:30 PM. A group of 5-6 individuals, aged 25-35, entered the bank wearing masks and carrying weapons, including a pistol, a sword, and a knife. At the time of the incident, 4-5 employees were present in the bank.

“The accused, who were speaking in Hindi, threatened the staff and forced them to open the vault, which contained gold jewellery, and other valuables. Preliminary estimates suggest the value of the stolen items is around Rs 10-12 crore, though detailed assessments are underway.

“The culprits fled the scene in a black Fiat car. Multiple police teams have been formed to investigate the case and apprehend the accused. Efforts are being intensified to track the suspects based on available leads and technical surveillance,” said the police.

 

 

 

  

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Comment on this article

  • ravi, Mangalore

    Fri, Jan 17 2025

    Joshua, Udupi/Kuwait, You are absolutely right people are blocking their money in gold other wise they could have put in some business and generate lot of employment.

    DisAgree Agree Reply Report Abuse

  • Vivek, Mangalore

    Fri, Jan 17 2025

    Since 2014 Bhakts are confused of 15... Lakhs or crores ?

    DisAgree [1] Agree Reply Report Abuse

  • Ananda Moorthi., Thokkottu,575017.

    Fri, Jan 17 2025

    Black Fiat Car ?...Sure they used this Car for this Purpose only

    DisAgree [1] Agree [6] Reply Report Abuse

  • Joshua, Udupi/Kuwait

    Fri, Jan 17 2025

    I have seen gulf and Europe people not crazy for gold and they invest money.we Indians buy gold and block the money. Instead of investing. If we pile up gold which is risky now a days this type of tragedy will occur again and again. If we invest money in some other business many unemployed youth will get jobs and there will not be powerty This is my vision.

    DisAgree [6] Agree [24] Reply Report Abuse

  • Edward Pinto, India

    Fri, Jan 17 2025

    This has become common in all over India, may be due to increase in inflation or easy way to get money or impact of migration.

    DisAgree [11] Agree [11] Reply Report Abuse

  • AJ, Mangalore

    Fri, Jan 17 2025

    Grill the technician or someone connected to CCTV company who knew CCTV s were not working ..

    DisAgree Agree [26] Reply Report Abuse

  • Rohan Karkera, Mangalore

    Fri, Jan 17 2025

    I can already guess their names!

    DisAgree [7] Agree [28] Reply Report Abuse

  • RS, Mangalore / Bangalore

    Fri, Jan 17 2025

    Oh yeah? Can you guess it because you are also involved or some great Sherlock Holmes in which case you should join the police to hunt the thieves.

    DisAgree [8] Agree [23] Reply Report Abuse

  • Betelgeuse, Mangalore

    Fri, Jan 17 2025

    Need to interrogate CCTV technician, or anyone associated with servicing of CCTV system of that bank.

    DisAgree Agree [29] Reply Report Abuse

  • rahul, mangalore

    Fri, Jan 17 2025

    Local Department should have close watch on migrant workers coming to native for work and cross check their documentation. Local people will not dare to do such events .

    DisAgree Agree [39] Reply Report Abuse


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