Big Robbery - 59 kg Gold Looted from Bank in Karnataka

A large-scale heist has occurred at Karnataka's Canara Bank. Unknown criminals stole around 59 kilograms of gold jewelry worth ₹53.26 crore and ₹5.20 lakh in cash from the Canara Bank branch in Managuli, which is situated in the Basavana Bagewadi taluk of the Vijayapura district of Karnataka. It is thought that the crime occurred over the long weekend of May 23–25, while the bank was closed for the vacations. When staff member Sambaji D. Kamakar discovered the main shutter lock was smashed at 11:30 a.m. on May 25, the crime was discovered. He then notified Kalmesh Layappa Pujari, the bank-in-Charge, who hurried to the bank and discovered that the window grills and shutter lock had been violently removed, corroborating indications of a break-in.

The Regional Head was promptly informed of the situation and, along by representatives from the Regional Office, arrived by 1:00 p.m. After being notified, the local police arrived at the branch at 1:30 p.m. to start their investigation. When the police and bank officials inspected the strong room, they discovered that the inner grill gate was bent and cut, but the main door was undamaged. One of the steel almirahs that held the pledged gold decorations was empty inside. The bank reported that 1,373 gold packets totaling 59,348.94 grams in gross weight were missing. Nevertheless, about 372 grams of gold were discovered strewn across the floor, making 58,976.94 grams the total amount taken.

A total of ₹5,20,450 was also gone after another cash-containing almirah was inspected. The burglars also took out the CCTV NVR device and its hard drive, deleting all of the crime-related surveillance footage in order to hide their tracks. The heist is thought to have taken place somewhere between 7:00 p.m. on May 23 and 11:30 a.m. on May 25, which coincided with the fourth Saturday and Sunday holiday break. The branch had not been open since May 23. Officials verified that the bank's time to physically inspect and reconcile the remaining gold stock was the reason for the delay in filing the police complaint.

A case has been registered, and a full-scale investigation is now underway. Superintendent of Police Laxman Nimbargi stated that eight special teams have been formed to investigate the incident from all angles. Authorities are treating this as a highly sophisticated and planned heist, and efforts are ongoing to identify and apprehend the culprits.