Thief shot, attempted looting of gold from Ludhiana financial company foiled


Muthoot Finance guard shows courage when thieves open fire, injuring Sundar Nagar branch manager; search for two fugitives

An alert security guard at the Sundar Nagar branch of Muthoot Finance Gold Loan in Ludhiana shot dead one of three thieves who attempted to rob the manager on Saturday morning after injuring him. Two of the robbers attempted to escape from the area. Police attended the scene and opened an investigation.

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The three robbers, posing as clients, entered the branch of Muthoot Finance as soon as the employee opened the office in the morning. They produced a gold chain, saying they needed a loan against it.

Before the employees could complete the formalities, the three made their way to the cabin where the safe containing the mortgaged gold was located. After the manager asked them to stay away, the thieves opened fire. A bullet hit the manager’s arm.

The security guard opened fire and left one of the robbers seriously injured, while two of his accomplices fled.

Deputy Police Commissioner (ACP, North) Dharmpal said the security officer had shown courage and foiled the theft offer.

This is the second offer of theft of this type from an office of Muthoot Finance in Ludhiana. On October 16, 2020, six robbers attempted to rob the Dugri Road branch after injuring three people. Three of the robbers were overpowered and turned over to the police.

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