Chennai Bank Jewelery Heist – What’s the answer to mortgage holders?

by time news

image source, YEARS

In the incident of robbery of 32 kg of gold jewelery from Federal Bank’s jewelery branch in Arumbakkam on Saturday, the bank management said that the jewelery will be returned as the jewelery is insured.

Police officials have also said that there has been progress in recovering the jewelery as CCTV footage has been found of the alleged thieves.

According to the police, Murugan, an employee of the Federal Bank, took two persons with him and threatened the bank manager and other officials and robbed the jewels.

Police say that Murugan and his friends, who planned to loot the jewels, drugged the bank security guard in a cold drink and when he passed out, threatened other employees at knife point, tied them up and took away the jewels.

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