Man Who Snatched Rs 40 Lakh From Kerala Bank Staff, Taken Into Custody
A man, who was on the run for the past two days after snatching Rs 40 lakh from the bank staff, was taken into custody from near here by a team of Kerala Police on Friday.
The accused was identified as Shibin Lal.
Even though Lal is in police custody, the money has not been recovered yet.
The incident took place on Wednesday, when Lal asked the local branch of ESAF bank that he wished to re-pawn his gold jewellery, held at a local cooperative bank here.
According to the bank rules, they provide loans on the collateral security of gold and also take over gold loans held at other financial institutions.
Lal thus convinced the ESAF bank staff to take over his gold pledged at a private financial institution in Kozhikode itself.
As per the ESAF rules, when their officials carry cash to give to other banks, for every Rs 10 lakh, there should be two of their staff members who accompany it.
Likewise, eight ESAF bank officials with Rs 40 lakh arrived at the private financial institution.
Lal said just two officials needed to come into the office, and when they were walking towards it, in a flash, he snatched the bag containing the money and drove away on his two-wheeler.
Soon, the police arrived, and the search began for Lal.
A day later, the two-wheeler Lal used for the crime, a rented one, was found abandoned.
On Thursday, the local police called in all the ESAF bank officials who had gone with the money and took statements from them.
After picking up Lal, the police have started questioning him, and they are expecting that they will be able to recover the money that was stolen.
Later in the day, the police are expected to produce Lal before a local court.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
25 minutes ago
- Economic Times
Shocking CCTV video shows thief with rod during four-minute robbery in Indore — complete timeline inside
Synopsis In a brazen early morning heist, thieves targeted the Indore residence of retired Justice Ramesh Garg, making off with over Rs 5 lakh in cash and jewelry in just over four minutes. The criminals bypassed the alarm system, unnoticed by the sleeping family and security guard. Police are investigating the meticulously planned robbery, complicated by the thieves leaving no fingerprints. Screenshot from the viral video. A shocking and audacious theft unfolded early Sunday morning at the residence of retired Justice Ramesh Garg in Pragati Park Colony, Indore, where three criminals brazenly stole over Rs 5 lakh in cash and valuable gold and silver jewellery — all within a mere 4 minutes and 10 seconds. Despite the home's alarm system sounding, the family remained unaware as the thieves moved swiftly and silently through the house, reported by Deccan Chronicle. Based on the CCTV footage analyzed by police: 4:35 AM – The burglars forced entry by cutting through an iron window grill and immediately made their way to Justice Garg's son Ritvik's room. 4:36 AM – While one criminal stood guard, the other two began breaking open a cupboard lock. 4:37 AM – The lock broke, triggering the alarm; yet, Ritvik remained asleep, completely oblivious to the break-in. 4:38 AM – The burglars calmly removed cash and jewellery from the cupboard. 4:39 AM – The suspects left the room and exited the house, completing the entire robbery in shockingly little time. — Incognito_qfs (@Incognito_qfs) Adding to the audacity, Ritvik's wife and children were asleep in an adjacent room, and a security guard was present but did not detect or stop the thieves. Senior police officials, including Additional SP Rural Rupesh Dwivedi and DSP Headquarters Umakant Chaudhary, arrived at the scene with forensic teams and sniffer dogs to investigate the meticulously planned crime. The burglars had worn gloves, leaving no fingerprints or physical evidence, complicating the probe. To protect the family's privacy, police have withheld the CCTV footage, but the investigation to identify and arrest the suspects continues.
New Indian Express
25 minutes ago
- New Indian Express
Nigerian cyber kingpin busted in Delhi, Uttarakhand STF exposes multi-crore 'parcel scam'
DEHRADUN: In a significant breakthrough against organised cybercrime, the Uttarakhand Special Task Force (STF) has on Thursday arrested a Nigerian national in Delhi, dismantling an international syndicate involved in a multi-crore parcel fraud. The accused, Colinus Ugochukwu Nwaemuka, was apprehended following a swift operation by the STF Cyber Crime Police team. The arrest stems from a complaint by a Dehradun resident defrauded of nearly Rs 29 lakh. The accused befriended a woman on Facebook claiming to be a senior manager at an Amsterdam pharmaceutical company. Gaining trust, the fraudster orchestrated a fake parcel delivery via 'Flota Logistics', demanding online payments for custom scanning, gold license, currency conversion, GST, insurance, and clearance. The victim initially transferred Rs 24,88,400 in multiple instalments. Subsequently, the cyber culprits escalated deception, posing as 'National Cyber Security' officials and fake police. They extorted an additional Rs 4,10,250 under guise of settling a fabricated case and processing files. The syndicate used fake mobile numbers, bank accounts, and misused government designations to pressure the victim, totalling Rs 28,98,650 in fraud. Recognising the case's gravity, Senior Superintendent of Police, STF, Navneet Bhullar initiated a high-level investigation. The probe was supervised by Additional Superintendent of Police Swapn Kishore and Deputy Superintendent of Police Ankush Mishra, and led by Inspector Ashish Gusai, a Cyber Commando. The Cyber Crime Police obtained crucial data from banks, telecom providers, domain hosting companies, and Meta, analysing digital footprints including mobile numbers, bank accounts, and chats. SSP Navneet Bhullar stated, "This arrest marks a crucial step in dismantling a sophisticated international cybercrime network. Our team meticulously followed digital footprints, clearly showing how these criminals exploited social media extensively to ensnare victims. They cunningly posed as international contacts and fake government officials to extract substantial sums, demonstrating a highly organised modus operandi. We are committed to ensuring justice for victims and prosecuting these offenders fully." According to the STF officials, this case represents the first major success by Uttarakhand's dedicated cyber commando team. Plans are underway to provide advanced training to 70 more cyber commandos in Uttarakhand, aiming for more effective control over state cybercrimes.
News18
an hour ago
- News18
Man gets death sentence for rape, murder of 11-year-old girl in Telangana
Hyderabad, Aug 14 (PTI) A court in Telangana's Nalgonda district on Thursday awarded the death sentence to a 24-year-old man for 'raping and murdering" an 11-year-old girl in April 2013. The Special POCSO court found the accused, a butcher, guilty under relevant provisions of the Protection of Children from Sexual Offences Act and the Indian Penal Code, and also imposed a fine of Rs 1.10 lakh, Nalgonda District Superintendent of Police Sharat Chandra Pawar said. The accused, who has a hearing and speech impairment, was provided with an interpreter during the proceedings. The trial lasted 12 years. According to the prosecution, the victim, a resident of the same colony as the accused, was 'sexually assaulted and strangled to death." Her body was later dumped in a drainage canal. view comments First Published: August 14, 2025, 14:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
