India News | TN Police Recover 31.7 Kg Looted Gold from NBFC, Inspector Among 6 Arrested People
Get latest articles and stories on India at LatestLY. The city police on Friday said it has recovered the 31.7 kg gold looted from a non-banking finance company here, in which an insider role was suspected while a police inspector was also arrested in connection with the incident.
Chennai, Aug 19 (PTI) The city police on Friday said it has recovered the 31.7 kg gold looted from a non-banking finance company here, in which an insider role was suspected while a police inspector was also arrested in connection with the incident.
The arrested policeman was not involved in the heist, but did not inform the police after one of the accused, his relative, hid the gold in his house, said TS Anbu, Additional Commissioner (law and order-north).
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A total of six people have been arrested so far. One of them is an employee of Fedbank Financial Services Ltd (Fedfina) where the heist happened and a key conspirator, the official told reporters.
"A total of 31.7 kg missing gold have been recovered. Special teams were formed to probe into the matter and they enquired from all angles," he added.
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One of the accused had visited his relative, the inspector and kept the gold there but since the official who was aware of it did not share the information with the police, he has also been arrested, Anbu added. He has since been suspended.
The officials involved in the probe acted swiftly to nab the culprits, he said.
The incident happened on August 13 at Arumbakkam here.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)