Two men rob bank loan facilitator of Rs 21 lakh in Nampally

Two men allegedly robbed a bank loan facilitator of Rs 21 lakh in Nampally after spraying pepper spray into his eyes during a proposed cryptocurrency exchange. Nampally police have registered a case and launched an investigation to identify the suspects.

HYDERABAD: Two men allegedly robbed a 42-year-old bank loan facilitator of Rs 21 lakh after spraying pepper spray into his eyes under the pretext of exchanging cash for cryptocurrency in Nampally.

According to Nampally Inspector Ch Saidulu, the victim, N N Amarendra, a resident of Janapriya Apartments in Motinagar, Erragadda, was approached by a person identified as Shanawaz from Jubilee Hills. Shanawaz reportedly sought his help in converting Rs 25 lakh into cryptocurrency.

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“Amarendra went to an establishment called Binance Wallet Office at Bazaar Ghat. There, two men introduced themselves as Sumer and Sayyad. When Amarendra sought cryptocurrency in exchange for the cash, the duo insisted on inspecting the money. As soon as he displayed the amount, they allegedly sprayed pepper spray into his eyes and attempted to flee with the cash,” said Inspector Nampally, Ch Saidulu.

A person, Vijay Kumar, who was accompanying Amarendra, tried to intercept the men. During the ensuing scuffle, Rs 4 lakh fell to the ground, but the two men managed to escape with the remaining Rs 21 lakh.

Following a complaint, the Nampally police registered a case and launched an investigation to identify and apprehend the suspects.