Khammam district police busted a gang that manufactured fake gold jewellery, pledged it at banks and finance firms, and defrauded a Hyderabad gold company. Two accused were arrested, while one remains absconding.
Customers of Muthoot Finance in Mancherial have alleged delays in the release of their pledged gold ornaments, claiming repeated visits to branches due to alleged server glitches. They warned of a protest if the issue is not resolved soon.
In the first nine months of 2020-21, the housing finance company disbursed Rs 85.6 crore as against Rs 356.4 crore in the same period of the previous fiscal
“We have extended full co-operation to police officials investigating the case and hope appropriate action will be taken against culprits involved in the case,” said George Alexander Muthoot, MD of Muthoot Finance Ltd
Hyderabad: One of the most daring gold heists of recent times, which saw an armed gang led by a 22-year-old student rob Muthoot Finance branch in Hosur of Tamil Nadu and cross three States on their way to Nagpur with police forces hot on their trail, ended with the Telangana Police cutting short the escape […]
The gang members wearing helmets and masks and holding weapons had entered the office minutes after opening it around 10.30 am on Friday and tied up the employees.
