Businessman arrested for Rs 1 crore robbery

With the arrested of Kaushal Chauhan, 30, a resident of Rithala in outer Delhi, Delhi police have solved a sensational robbery of Rs 1.10 crore worth jewellery at Muthoot Finance company that took place in Rohini Sector 7 on June 22 this year, said Tejinder Luthra, joint commissioner of police (north).

Neeraj committed the robbery to pay huge debts occurred in business. “We have recovered gold jewellery worth Rs 1 crore, cash Rs 8 lakhs and a new Tata Safari car, purchased from looted amount, from his possession,” said Luthra.

Police said that on June 22, Harish Saini, account assistant of Muthoot Finance situated in Rohini Sector-7 approached police and said that four armed youths entered in his office and overpowered the guard on gun point.  

One of the accused assaulted guard with knife and other one hit on guards head with butt of pistol carrying by one of him.  During their overpowering efforts guard also fired.  After overpowering all the staff, they looted gold jewelries weighing approx. 13.5 Kg. and cash and fled from the spot.  

Police registered a robbery case at North Rohini police station. After few months, reward of Rs 1 lakh was announced for any clue that could help in nabbing the accused.

On Wednesday, police received a tip-off that one of the accused involved in Muthoot Finance robbery case would come to Pitampura Metro Station in his Tata Safari car to meet some person.  

We laid a trap and nabbed trap that accused near Pitampura Metro Station.  On interrogation, police found his identity as Kaushal Chauhan. They also found a school bag consisting of huge gold jewelleries in the Safari car.  

“On asking about the gold jewelleries, Chauhan could not give satisfactory asnwers hence he was subjected to sustained interrogation,” said Luthra

During interrogation, Chauhan told police that he was involved in Muthoot Finance robbery. He said that after matrimonial dispute with his wife, he was very much in financial crunch and he suffered heavy lose in his business and a heavy fine was also imposed by NDPL.

Finding no option, he planned to commit some robbery to sail through financial needs. For this, he visited Bhiwani in Haryana and conspired with his old friends -- Rahul, Amit and Paramjeet  -- to commit robbery in Muthoot Finance. His associates arranged fire arms and bikes for this purpose.

After reccee of the Muthoot Finance, they found that only two to three employees were working in this branch. After chalking out all strategy, they committed daylight robbery, fled away with gold around 13 Kg and Rs 1.3 lakh cash. Police said they are trying to nab the rest.