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Gold worth Rs.1 crore robbed from Andhra Bank

Hyderabad: In a major bank heist, robbers broke into an Andhra Bank branch in Warangal district of Andhra Pradesh and took away gold ornaments worth over Rs.one crore.

Police said the robbers entered the bank at Guduru, about 75 km from Warangal town, Tuesday night through the back entrance, broke open the lockers and looted the valuables. The robbery came to light when the bank staff came Wednesday morning.

Bank officials told police that the gold was kept in the bank by depositors who availed gold loans worth Rs.65 lakh. The robbers did not open another locker which had Rs.10 lakh cash.

The bank did not have an alarm system or CCTV cameras, which made the robbers’ job easy.

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