Cloth shop owner, associate steal over ₹1 crore cash from house of businessman in Bengaluru

Mr. Jindal
3 Min Read

The accused thought they would get around ₹20 lakh to ₹25 lakh from the house of the businessman, but did not expect that the amount would be over ₹1 crore.

The accused thought they would get around ₹20 lakh to ₹25 lakh from the house of the businessman, but did not expect that the amount would be over ₹1 crore.
| Photo Credit: Photo for representation only

The Hebbagodi police have arrested a 39-year-old cloth merchant and his friend for robbing ₹ 1.14 crore from the apartment of a businessman with whom they had got acquainted for few months.

The victim runs multiple business ventures. He used to keep cash from his income in his apartment in Bengaluru. The accused, identified as Srinivasa Murthy H.K., who runs a cloth shop in Chickpete, and his associate Arun Kumar B.N., 39, an electrician at NICE company, knew about the victim keeping huge sums of cash in his house, and decided to steal the money.

According to police officials, the duo did a recce of the house for a few days before breaking in on November 9, when the house owner and his family had gone to Kolar.

The accused did not use their mobile phones and covered their faces with helmets to avoid detection.

Based on the complaint, the police taken up a case and analysed over hudrred CCTV camera footage and in one of the footage they got the face of one of the accused.

The police used local intel network to zero in on the accused. They found the cash, some of which the accused had kept in the cloth shop and the rest in the house of his friends.

The accused claimed that they wanted money to expand their business. They decided to steal money from the businessman. The accused thought they would get around ₹20 lakh to ₹25 lakh, but never expected that the amount would be over ₹1 crore.

Bengaluru Police Commissioner Seemant Kumar singh said that he would send a report to the Income Tax department on the recovery of such a huge amount of cash from the businessman.

Share This Article
Leave a Comment