Overview
- The heist unfolded at 9 am near Nagpada’s Diana Bridge when five assailants stopped two jewellery store employees en route to Lower Parel and seized a bag of gold and broken jewellery.
- Motives appear financial as suspects – Vinayak Dalvi, Mangesh Shinde, Shanavaz Khan, Abdul Shaikh and Santosh Jain – sought to settle debts swiftly with the stolen assets.
- One accused exploited his prior role as a jeweller’s assistant to map out transport routines and coordinate the robbery.
- Police recovered all three kilograms of stolen gold biscuits and ornaments valued at ₹2.55 crore from the arrested individuals.
- In Kurnool’s Jonnagiri village, burglars targeted diamond merchant Parthasarathi’s home during his pilgrimage and stole ₹5 lakh in cash alongside gold and silver articles.