Coimbatore: 4-member gang arrested for robbing businessman of Rs 3 crore | Coimbatore Information

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Coimbatore: 4-member gang arrested for robbing businessman of Rs 3 crore | Coimbatore Information
TIRUPUR: Town police arrested 4 individuals on Tuesday night for stealing 2 crore, and diamond and gold ornaments from the home of a businessman at Kullegoundenpudur close to Andipalayamin right here in December final yr.
An investigation officer stated the accused used the stolen cash and different valuables to purchase 4 homes within the district, vehicles, bikes and gold ornaments for his or her members of the family.
Police have seized property paperwork, 16 lakh, a automobile, two bikes and gold ornaments weighing 30 sovereigns from the gang.
The officer recognized the accused as M Sathish, 29, his youthful brother M Sakthi, 24, their pals S Damodaran, 30, and R Radhakrishnan, 53. Apart from Radhakrishnan, who's a local of Naduvattam within the Nilgiris district, all of the others are natives of Thiruvannamalai district.
Whereas Sathish was a building employee, Radhakrishnan was a mason. Tirupur central police inspector Jamuna stated R Duraisamy, 73, proprietor of Dawn Knitting Mills Pvt Ltd, had roped within the duo for cleansing his outdated home, which was situated reverse to the mill, in October final yr.
On January 18, 2022, Duraisamy lodged a grievance with the Tirupur central police stating some unidentified individuals had stolen 1.50 lakh, gold ornaments weighing two sovereigns and property paperwork from his outdated home. "We registered a case below Part 380 of the Indian Penal Code (IPC) and launched a probe, specializing in the development employee, Sathish. Once we visited his hometown, we got here to know he had lately purchased a brand new home and automobile. He confessed to the crime and revealed the identification of his accomplices, after we picked him up for inquiry," the police inspector stated.
Jamuna stated Duraisamy had stored money, gold and diamond in two journey luggage within the outdated home. "Sathish and Radhakrishnan opened the luggage whereas cleansing the home and took away some money and ornaments in October final yr. They returned with Sakthi and Damodaran in December and took away the journey luggage containing round 2 crore and jewelry value greater than 1 crore."
She stated Duraisamy hid particulars concerning the money and jewelleries stolen from the home, as they had been unaccounted for. "We've got alerted the Earnings Tax Division for additional investigation."
Police alerted the case in opposition to the 4 to Sections 380, 457 and 34 of the IPC and produced them earlier than a judicial Justice of the Peace, who remanded them in judicial custody, on Wednesday afternoon.

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