Gold worth ₹8-10 crore, cash looted from finance firm in Cuttack
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Four individuals, with helmets and thick fabric round their neck, entered IIFL’s Nayasadak department and robbed it.
In a significant theft of a monetary firm, miscreants decamped with gold ornaments worth ₹8 to ₹10 crore from India Infoline Finance Limited (IIFL), a gold-loan leasing firm, in Cuttack on Thursday.
Four individuals, with helmets and thick fabric round their neck, entered the IIFL’s Nayasadak department and began giving directions at gunpoint. As it was the opening hours, there have been few prospects. The criminals executed the crime in 10 to fifteen minutes.
“They took away cash around ₹4.30 lakh and gold worth ₹8 to Rs. 10 crore. Only a few packets containing gold are lying inside the bank. The exact worth of gold would be known once the audit report is tallied,” stated Satya Pradhan, IIFL supervisor.
Cuttack Deputy Commissioner of Police Prateek Singh informed reporters that 4 robbers had come by bikes and fled the spot after filling baggage with gold ornaments. “A special team has been formed to nab the culprits. We are examining CCTV footages,” he stated.
In February final, robbers looted about 30 kg of gold worth ₹12 crore from an IIFL department in Ludhiana.
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