Gold worth around Rs 87 lakhs looted from Muthoot finance office in Gujarat

Rajkot: Gold worth around Rs 87 lakhs was looted from the office of a private finance company in Dhoraji town of Rajkot district of Gujarat today, police said.

PI of Dhoraji V J Chaudhary said that three looters entered the office of Muthoot Fincorp Ltd, situated near Aweda chowk in the town, at around 10 am soon after it was opened after the weekend closure.

One of them was having a country-made pistol and other two were having daggers. They threatened the employees and compelled them to open the strong room and decamped with 4880 gm (four kilogram 880 gm) gold worth around Rs 87 lakhs kept there. They however did not injure anyone.

The whole incident has been captured in the CCTV installed in the office. The police has sealed the borders of the town to nab the culprits identified on the basis of the CCTV footage. The looters had covered their faces with handkerchiefs which slid during the incident baring their faces, the PI said.

Muthoot Fincorp Ltd which has over 3800 branches across India is known mainly for its gold finance business. It has a diverse mix of Gold Loans, Business Loans, Housing Loan, Auto Loans, Money Transfer, Foreign Exchange, Insurance Services and Wealth Management Services.

DeshGujarat