Gold heist in Warangal: Jewellery worth Rs.10 crore stolen from SBI

According to reports, the thieves entered the bank by cutting the window with a gas cutter and broke lockers and took away gold jewelleries

Warangal: In a major bank heist, thieves stole gold jewellery worth Rs.10 crore from the Rayaparthy mandal branch of the State Bank of India (SBI) late on Monday.

According to Rayaparthy Sub Inspector K Shravan, the thieves entered the bank by cutting the window with a gas cutter and broke lockers, and made away with jewellery.

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They also damaged the CCTV cameras of the bank and decamped with the digital video recorder (DVR) to prevent police from identifying them through CCTV footage. The incident came to light after the bank employees noticed the door open and lockers broke open on Tuesday morning. The bank manager lodged a complaint with the police.

Police are scanning footage from CCTV cameras in the surrounding areas to track down the burglars. The police dog squad and forensic staff rushed to the spot to gather evidence. Shravan said as per the preliminary investigation, it appears to be the handiwork of an inter-state robbery gang.

“The way the entire operation was executed it appears to be the work of a professional gang. Local gangs do not have such expertise,” he said.

After the news broke, many customers who had pledged gold ornaments as collateral for loans gathered in front of the bank, expressing their anxiety. Meanwhile, bank officials have started an auditing exercise to assess the loss. The bank manager is likely to submit a report of the missing jewellery to the police on Wednesday.

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