Bengaluru: 5 held for robbing cash van; Rs 1 crore seized

BENGALURU: Police have arrested two workers from CMS Agency and their three friends, who had escaped with huge amount of cash in Jnanabharathi police station limits on January 29.

The accused have been identified as Narayanaswamy, 46, resident of Uttarahalli and Narasimharaju, 27, Dassarahalli, both employees of CMS agency; Rizwan Basha, 31, of Dassarahalli, Jagadish, 33, of Kamakshipalya and Ravi, 31, from Ballari. Narayanaswamy, Narasimharaju and Rizwan had incurred debts of `20 lakh , `15 lakh and `30 lakh respectively and they had planned this robbery.

According to the police, Narayanaswamy and Narasimharaju knew that the company does a lot of cash transaction and as it was a long weekend due to bandh and Republic day, the two along with Rizwan planned carry out the robbery on Monday, as they expected higher cash flow on that day.

On January 29 around 5:30 pm, Narayanaswamy, who works as a driver, along with Narasimharaju and the security guard, Nataraj, were carrying the money which was supposed to be deposited in the company. 

The duo distracted Natraj by stopping the car near Janabharathi and asked him to get water and banana for them. They then escaped with Rs 90 lakh which was in the van.

The van was being followed by a car in which the other three were seated. 
Later all of them got into the car and abandoned the company van in Marohalli.
They divided the money among themselves and went to Mangaluru, Goa and Ballari. 

All five of them were arrested on Monday. Jnanabharathi police have recovered Rs 1.03 crore and seized the car.

***

Note from Kannada.Club :

This story has been auto-generated from a syndicated feed from http://www.deccanchronicle.com/nation/crime/070218/bengaluru-5-held-for-robbing-cash-van-rs-1-crore-seized.html .