Police crack Palakkad coop. bank heist
The Hindu
Burglar, who escaped with gold and cash, arrested from Satara in Maharashtra
Scripting a brilliant story of investigation, a team of the district police has cracked the sensational cooperative bank heist at Chandranagar near here on July 25. The team led by DySP P. Sasikumar arrested Nikhil Ashok Joshi, alias Paresh, 51, from Satara in Maharashtra. Paresh was found leading a luxury life at his homeland after burgling seven-and-a-half kg gold and cash of over ₹3 crore. The police team zeroed in on him after examining over 120 surveillance camera footage, hundreds of phone calls, and vehicle movements. Paresh broke into the Marutharoad Cooperative Rural Credit Society Bank at Chandranagar on July 24 night and made away with gold and cash by the dawn of July 25. The bank staff noticed the heist when they came to open the bank on July 26 after two holidays.
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