Overview
- Police said the arrested include SBI contractual employee Jai Bhavsar and four associates identified through surveillance and inquiry.
- Superintendent of Police Pradeep Sharma announced the recovery of gold valued at about Rs 5 crore and Rs 8 lakh in cash.
- CCTV footage showed two men carrying bags, scaling the boundary wall, and exiting after opening locks without forcing entry.
- SBI suspended branch manager Payal Maheshwari, service manager Surendra Kumar Madhav, and cash officer Abhinav for negligence.
- Senior officers, including ADG Umesh Joga and SP Pradeep Sharma, inspected the branch as investigators documented lapses such as the absence of a night guard and silent alarms.