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City police searching for driver accused of stealing ₹2 crore worth of gold, silver, and cash from businessman

kent-jackson by kent-jackson
July 1, 2024
in News
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City police searching for driver accused of stealing ₹2 crore worth of gold, silver, and cash from businessman
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The Foreshore Estate Police on the Hunt for Thief of ₹2 Crore Worth of Gold, Silver, and Cash

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The Foreshore Estate police are currently in pursuit of a man accused of stealing gold jewellery, silver articles, and cash amounting to nearly ₹2 crore from an apartment in MRC Nagar. The suspect, identified as Saravanan, was employed as a driver by a stock exchange operator residing in a multi-storey apartment in Satyadev Avenue of MRC Nagar.

In a report filed by the businessman, L. Gopalakrishnan, he expressed his suspicions about Saravanan and subsequently sent him away for not performing his duties satisfactorily. Upon inspecting his home, Gopalakrishnan discovered that 250 sovereigns of gold jewellery, 10kg of silver articles, and ₹25 lakh in cash had been stolen between May 25 and June 27.

Insight: It is not uncommon for individuals in positions of trust, such as drivers, to take advantage of their employers’ belongings. Employers may want to consider implementing stricter security measures when it comes to valuable possessions to prevent such incidents from occurring.

The driver, Saravanan, has since gone into hiding with the stolen valuables. The Foreshore Estate police are actively searching for him to recover the stolen goods and bring him to justice.

Insight: In cases of theft, it is imperative for law enforcement to act swiftly in order to retrieve the stolen items and ensure that the perpetrator faces the consequences of their actions. Additionally, individuals should exercise caution when entrusting others with valuable belongings and conduct thorough background checks before hiring employees who will have access to such assets.

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