100 Rolex watches stolen from CP showroom, police suspect insider role

Written by Express news service | New Delhi | Updated: Sep 4 2014, 16:28pm hrs
Over 100 Rolex watches worth at least Rs 8 crore were stolen from the Cooke & Kelvey showroom in Connaught Place on Tuesday night. The showroom in Scindia House, Inner Circle, is one of the few official Rolex retailers in the capital.

According to police, the owner of the showroom J N Chatterjee approached them with a complaint stating that 100 Rolex watches, all of them insured, were stolen from the showroom on Tuesday night. He told police that the guard of the showroom was sleeping outside when the theft took place.

In his complaint to police, Chatterjee said there were no CCTV cameras outside or inside the shop that may help identify the assailants.

When we reached the spot, we found that the shutter was lifted halfway. Nothing was broken. The lever and the lock were intact. The owner of the showroom told us that someone must have slipped a spade beneath the shutter and opened it and sent in a kid through that space, as it was too narrow for a grown up person, an officer said.

According to police, nothing was disturbed inside the showroom. No lock or lever was broken inside the showroom. We have registered a case of burglary, an officer said.

While the showroom also had expensive gold jewellery, police said the thieves only took Rolex watches. Everything else was untouched. Police also said it was very unusual for such a big showroom to not have CCTV cameras installed.

We suspect the involvement of an insider, as only a person who is aware of the security lapses in the showroom can carry out the theft with such precision. We have made a list of staffers who will be questioned, an officer police said.

Police said they were trying to trace and recover the watches. Each watch costs Rs 10 lakh. Whoever stole them will try to sell them. But since the watches are very expensive, the thief will not be able to sell them in a local market. We have, however, informed the local intelligence to give us information about anyone trying to sell watches. Investigation is on, an police officer said.