Gold, cash worth millions burgled from Kerala bank

October 4th, 2008 - 6:06 pm ICT by IANS  

Kannur (Kerala), Oct 4 (IANS) A bank was burgled of gold and cash worth millions of rupees here, police said Saturday.”The bank authorities informed that gold worth around Rs.40 million and Rs.800,000 in cash was kept in the bank’s strong room. The forensic team is now inspecting the building and the strong room. Only after their work is complete, we may be able to give the exact amount lost in the burglary,” a police official told IANS.

He said as per initial estimates burglars took away around Rs.15 million worth of gold from the bank at Ponnyam, around 25 km from here Friday night.

The burglars entered the head office of the Ponnyam Service Cooperative Bank after breaking a window on the rear side of the building. They broke into the strong room drilling a hole in the wall, the official added.

The incident came to the notice of the bank authorities Saturday morning.

Additional director general of police (northern range) K.S. Jangpangi, who visited the spot, told reporters police would constitute a special team to probe into the incident.

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