Gold Ornaments Worth ₹13 Crore Stolen From SBI Strongroom

By A Staff Reporter

Warangal, Telangana: A massive theft was reported in the State Bank of India (SBI) branch in Rayaparthy, Warangal district, where 19 kg of gold ornaments, worth approximately ₹13 crore, were stolen from the bank’s strongroom on Monday midnight.

Commissioner of Police, Warangal, Ambar Kishor Jha, confirmed the incident and stated that the theft appears to be a professional job. "The police have inspected the bank's surroundings and are investigating. Evidence suggests the involvement of skilled individuals," he remarked.

Authorities suspect that the robbers meticulously planned the heist. They likely conducted reconnaissance of the premises before executing the crime. The police are reviewing CCTV footage from the branch and surrounding areas, and forensic experts have been called in to analyze evidence at the scene.

The strongroom was believed to have state-of-the-art security systems, raising questions about how the culprits bypassed them. Bank officials are cooperating with the police to provide details regarding the stolen gold and the security protocols in place.

Local residents expressed shock over the incident, given the usually calm and secure nature of the area. Law enforcement agencies have intensified their efforts, with teams formed to track leads and apprehend the culprits.

This is one of the largest bank heists in the region, sparking concerns over the security of valuables entrusted to financial institutions. Police have urged anyone with information regarding the incident to come forward and assist in the investigation.