1 day ago
Hyderabad CaratLane Robbery: Jewellery Worth Rs 2 Crore Stolen
A jewellery shop in Hyderabad was robbed early on Monday.
The shop is part of CaratLane and is on Medipally Main Road.
The burglars reportedly opened the shutter and broke into display cases.
Gold and diamond jewellery was taken.
The owner thinks about 300 to 400 pieces may be missing.
The early estimate of the loss is around Rs 2 crore, but the shop must count its stock to know the exact amount.
Police are checking evidence and camera footage.
They are trying to find out who was involved and where the burglars went.
A CaratLane showroom on Medipally Main Road was robbed in the early hours of Monday.
Burglars allegedly forced open the shutter and display cases, taking gold and diamond jewellery.
The franchise owner suspects 300–400 pieces are missing, with preliminary losses estimated at around Rs 2 crore.
The exact value will be determined after a detailed inventory; the showroom has company insurance.
Medipally police and special teams are examining evidence and CCTV footage to identify and trace the suspects.
- Who
- Unidentified burglars; police suspect around seven people may have been involved.
- What
- Gold and diamond jewellery was stolen from a CaratLane showroom; around 300–400 pieces are suspected missing.
- Where
- A CaratLane showroom on Medipally Main Road along the Hyderabad-Warangal Highway, Hyderabad.
- When
- In the early hours of Monday; the date was not specified.
- Why
- The motive was not stated.
Key facts
- Estimated preliminary loss
- Around Rs 2 crore
- Estimated missing pieces
- Around 300–400, according to the franchise owner
- Jewellery described as stolen
- Gold and diamond ornaments in 9K, 14K and 18K categories
- Discovery
- The building owner reportedly noticed the shutter open at around 7 am
- Investigation
- Police and clues teams collected evidence; investigators are examining CCTV footage
- Suspected number of burglars
- The Malkajgiri Commissioner of Police suspects around seven; the number and identities are unconfirmed
- Insurance
- The franchise owner said the showroom has company insurance
Quotes
K Subrahmanyam
Franchise owner of the CaratLane showroom
“The stolen stock comprises women's gold and diamond ornaments in 9K, 14K and 18K categories. Platinum jewellery is reportedly not stocked at the outlet.”
NDTV
Sources
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