Dhoraji gold loot: 6 including 3 looter and mastermind nabbed, almost all the gold recovered

Rajkot: In less than 24 hours after the sensational gold loot incident in Dhoraji town, the Rajkot rural police nabbed six culprits including the three looter who had decamped with around 5 kg gold from the locker of Muthoot Fincorp.

SP Rajkot Antrip Sood today said that almost all the looted gold jewelry weighing around 4880 (which is actually worth around Rs 1.5 crore as per market rate but was priced at Rs 87 thousand by the company in the FIR) has also been recovered.

He said that a local man and ration shop owner Ashwin D Chauhan had plotted the loot as the mastermind. He had taken help of at least 5 others. Chauhan was under heavy debt and the loot was planned to get rid of it. He however himself did not enter the office situated near Aweda chowk for loot.

Mr Sood said that the three who performed the loot have been identified as Sunil D Bhaskar, Ashok R Parmar and Rajesh alias Bhuro Bagda. Two others identified as Pravin Vala and Ravi Chavda were also part of the plot. All the six have been nabbed.

Efforts were on to nab other possible accomplices also, he said.

The three looters had entered the office of Muthoot Fincorp Ltd, situated near Aweda chowk in the town, at around 10 am yesterday 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 locker and decamped with over 400 packets of valuables having 4880 gm (four kilogram 880 gm) gold worth around Rs 87 lakhs kept there. They however did not injure anyone.

The whole incident was captured in the CCTV installed in the office.

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