1. Rs 5.75 crore heist in RBI ‘money train’: Cops suspect insiders role

Rs 5.75 crore heist in RBI ‘money train’: Cops suspect insiders role

Police suspect the role of an insider in the daring robbery of over Rs 5.75 crore on Chennai-bound Salem Express on Monday night.

By: | Published: August 11, 2016 1:46 PM
trian-L Initial investigation into the incident suggested that the theft took place at Chennai railway yard after reaching the city’s Egmore station at 3.30 am on Tuesday. (Source: IE)

Police suspect the role of an insider in the daring robbery of over Rs 5.75 crore on Chennai-bound Salem Express on Monday night. The heist has, however, not turned out to be as dramatic as it was initially believed to be. Investigators suspect that a 4-sq ft hole was made on the coach roof with a small chisel or some other equipment at Erode, where the coach stood unguarded since Sunday night, The Indian Express reported.  The coach had left the yard at 5.30 pm on Monday for Salem, where it was loaded with was loaded with 228 boxes containing Rs 342 crore cash. The train left for Chennai at 10 pm on Monday.

Initial investigation into the incident suggested that the theft took place at Chennai railway yard after reaching the city’s Egmore station at 3.30 am on Tuesday, Indian Express reported. Officials involved in the probe suspect that the incident was planned in advance and some  Railway staff may have been involved.  Only a few officials were inforemd about the shifting of the RBI money in train. They were questioned on Wednesday.

“We suspect the robbers first made the opening on the roof at Erode yard, after the Salem DRM nominated it for cash transfer,” an officer with knowledge of probe told Indian Express. The official also ruled out the use of gas cutter to cut an opening on the coach roof. Another theory for the theft was that it took place at Virudhachalam, where the train had halted for some time at midnight. However, the investigators are more convinced with the first theory — that the theft took place at Chennai yard.

Calculate your income tax post budget 2018 through this Income Tax Calculator, get latest news on Budget 2018 and Auto Expo 2018. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top