Hyderabad: Employees of jewelry store booked for stealing gold worth Rs 6 crore

The theft was discovered recently during an internal auditing taken up by the company following which the management approached the Banjara Hills police and lodged a complaint.

Hyderabad: The city police booked a case against eight employees of a jewelry store, Sri Krishna Jewelers Private Limited, in Banjara Hills for allegedly stealing gold bars worth Rs 6 crore.

The theft was discovered recently during an internal auditing taken up by the company following which the management approached the Banjara Hills police and lodged a complaint.

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According to the police, two employees – Uday Kumar and B Srikanth, were found to have stolen and gold bars during the internal enquiry by the company’s management. Upon questioning, Srikanth revealed that Uday Kumar, with the help of several other employees, orchestrated the theft over a long period. Other employees including Chintu, Satya, Ajay, Tinku, and Chandra, were allegedly operating under the instructions of Sukhetu Shah, the company’s manager.

Based on the complaint from Vijay Kumar, the company’s HR Manager, the Banjara Hills police booked the case and after preliminary investigation, transferred the case to Hyderabad Central Crime Station (CCS).

Meanwhile, Sukhetu Shah’s wife, Sruti Shah, had filed a missing complaint with the Banjara Hills police stating that her husband has been missing since one month. She told the police that her husband had told her about facing harassment over a financial matter at workplace. He left the house leaving a letter and a video, which was submitted to the police as evidence.

The police are investigating.