25 kg gold robbed at gunpoint in Hosur

Chennai: In a daring heist, 25 kg gold was robbed at gunpoint from the branch of a leading private gold loan NBFC located at Bagaloor in Hosur.

The robbery took place at broad daylight today at around 9.30 am. Five masked men who entered the bank attacked the branch manager and other employees and tied them up, it is said.

Following this, they took away 25 kg gold and Rs 96,000 cash from the lockers. It is said that the total value of the valuables stolen is around Rs 7.5 crore.

The customers who were in the outlet during the time were also tied up. A complaint has been registered at the Hosur Police Station regarding the robbery.


NT Bureau