Overview
- Senior manager Vijayakumar Mohanara Miriyala and his accomplices Chandrashekhar Kotilingam Nerella and Sunil Narrasimhalu Moka have been arrested in connection with the May 25 burglary at the Managuli branch.
- Authorities recovered gold ornaments and bars valued at Rs 10.75 crore and seized two vehicles believed to have ferried the stolen valuables.
- The Vijayapura Superintendent of Police mobilized eight specialized teams for the probe, deploying scientific and forensic methods across multiple states.
- Police say the thieves used inside access to cut window rods, disable alarms, duplicate locker keys and remove CCTV equipment to conceal their identities.
- Investigators are still tracking remaining suspects and searching for the roughly Rs 53.26 crore of gold and Rs 5.2 lakh in cash that remains unaccounted for.