1100 packets of gold articles looted from private finance company in South Gujarat

Valsad: Unidentified masked criminals today looted gold worth an estimated Rs 8 to 10 crores from the office of a private gold loan provider company in Chanod area under Dungra police station on the outskirts of Vapi city in Valsad district of South Gujarat today.

SP Valsad Sunil Joshi said that the miscreants looted around 1100 packets of mortgaged gold from the office of IIFL gold loan and finance’s office. The exact amount of gold was being calculated. A small amount of cash to the tune of Rs 3 to 4 lakh has also been looted.

An employee of the office said that around half a dozen masked miscreants entered the office situated on the first floor of Chadralok apartment in Chanod area. They were having fire arms in their hand and they tied the employees their and then opened the locker and fled with gold packets kept there. According to the initial estimates gold worth Rs 8 to 10 crore has been looted.

Meanwhile the SP said that the CCTV footage has been obtained and the borders of neighboring Maharashtra have been sealed to nab the culprits. Detailed investigation from all the angles was being done.

DeshGujarat