Chaitanya Godavari Grameena Bank looted

47kg mortgaged gold worth over Rs. 4.81 crore stolen

The dacoits in a daring operation broke into the Chaitanya Godavari Grameena bank and decamped with 47 kg of gold worth Rs. 4.81 crore that was pledged by the public. According to police sources, this is the biggest in the history of Guntur and suspect the handiwork of interstate gang. An alert has been sounded in neighboring Tamil Nadu, Karnataka and Maharastra including the State.

According to preliminary reports from the police department, that the culprits gained entry into the bank from the north side of the bank. They said it was difficult to guess the hour when the crime was taken place as the bank remained closed from Saturday afternoon to Tuesday morning. Incidentally the bank does not have a security guard or a night watchman and the bank Chairman BN Murty who visited the spot said and admitted that no security personnel as the bank was not in the list of banks approved by the Reserve Bank of India where security personnel need to be appointed. He said that the bank gave loans worth Rs. 2.59 crore to 1138 account holders against mortgage of gold.

This is an archive news page about an event that happened in the past. The News / Information might have changed in subsequent days as news gets developed. This page exists for referance purpose only.

 Join Discussions on AndhraNews.com

SEC registers Lok Satta Party
Party symbol not allotted

Chaitanya Godavari Grameena Bank looted
47kg mortgaged gold worth over Rs. 4.81 crore stolen

TDP charges Ponnala of possessing illegal lands
Demands a thorough land survey

BJP protesters arrested
Kishen Reddy sustains back injury

Air Deccan flights rescheduled
Rescheduling due to closure of airfield upto February

Visakha Steel Plant bags three water management awards 
VSP gears up focus on zero discharge status

Government considering Special Educational Zones 
Out of 359 cr JNNURM grants, VUDA gets a sanction of Rs. 190 crores

Drugs Control Administration raids medical shops 
Narcotic drugs found

AU to host 59th All India Commerce Conference
Minister for HRD Purandareswari to inaugurate the conference

AU SDE MBA Counselling and contact classes
Organized on the premises of SDE from January 2 to 13

Events and happenings on 26 December History

26 December 2001
Highlights: Elections for various Municipalities on Jan 22, 2002

26 December 2002
Highlights: National Railway Vikas Yojana inaugurated

26 December 2003
Highlights: Dacoits loots Jewelry Shop and E-Seva Kendra

26 December 2004
Highlights: Earthquake triggers Tsunami in South Coast India

26 December 2005
Highlights: Chief Minister reviews arrangements for Buddhist festival

26 December 2006
Highlights: SEC registers Lok Satta Party