• Latest
  • Trending
  • All
  • Sport
  • Cricket
  • Odisha
Rs 12 Cr Cuttack Heist: 10 Minutes & All Gone; As & How It Happened

Rs 12 Cr Cuttack Heist: 10 Minutes & All Gone; As & How It Happened

6 years ago
rapido fined

Rapido Fined Rs 10 Lakh For Dark Patterns, Unfair Contract

1 hour ago
Odisha pension disruption

Odisha’s Pension Disruption Leaves Elderly Beneficiaries In Limbo

2 hours ago
‘You Are Perfect In Doing Drama’: SC Pulls Up Rajpal Yadav, Gives Final Chance To Deposit Rs 2 Crore

‘You Are Perfect In Doing Drama’: SC Pulls Up Rajpal Yadav, Gives Final Chance To Deposit Rs 2 Crore

2 hours ago
Puri hotels

Notices Sent To 32 Puri Hotels Amid Crackdown On Illegal Construction In Odisha

2 hours ago
MDR of 0.4% for UPI introduced

Govt Introduces 0.4% MDR On UPI Payments Above Rs 2,000; Will It Impact Your Expenses?

3 hours ago
Agartala-Delhi IndiGo Flight Diverted To Lucknow After Smoke Alarm

Agartala-Delhi IndiGo Flight Diverted To Lucknow After Smoke Alarm

3 hours ago
Rashmika Mandanna To Play Carnatic Legend MS Subbulakshmi In Biopic

Rashmika Mandanna To Play Carnatic Legend MS Subbulakshmi In Biopic

3 hours ago
Pigeon rescued in Mayurbhanj

Pigeon, Possibly Linked To Bangladesh, Rescued In Odisha’s Mayurbhanj; Police Probe Initiated

3 hours ago
Karan Wahi Teases ‘Bigg Boss 20’ Entry After Ex Uditi Singh Becomes Contestant

Karan Wahi Teases ‘Bigg Boss 20’ Entry After Ex Uditi Singh Becomes Contestant

4 hours ago
Imran Khan

‘He’ll Die In Jail’: 7 Australian Captains Appeal To Their Govt To Help Imran Khan

4 hours ago
US deploys weapons in space

‘Stop Preparing For Space War’: China’s Warning After US Confirms Deploying Weapons In Space

5 hours ago
‘I Never Met Disha Salian’: Sooraj Pancholi Reacts To Being Named In CBI FIR With Rhea Chakraborty

‘I Never Met Disha Salian’: Sooraj Pancholi Reacts To Being Named In CBI FIR With Rhea Chakraborty

5 hours ago
  • Home
  • About us
  • Career
  • Contact
  • Privacy Policy
  • Terms of Usage
Tuesday, September 15, 2026
No Result
View All Result
OdishaBytes
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review
No Result
View All Result
OdishaBytes
No Result
View All Result
Home City Cuttack

Rs 12 Cr Cuttack Heist: 10 Minutes & All Gone; As & How It Happened

by OB Bureau
November 20, 2020
in Cuttack, Featured
Reading Time: 2 mins read
Rs 12 Cr Cuttack Heist: 10 Minutes & All Gone; As & How It Happened

PC: twitter

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Cuttack: A planned operation executed with clockwise precision. Here, we are talking about what could be the biggest-ever robbery in Odisha in which four-armed miscreants looted cash and jewellery worth Rs 12 crore from the branch of IIFL Finance, a leading non-banking finance company, in the busy Nayasarak area here.

GONE IN 10 MINUTES

ADVERTISEMENT

>> The four miscreants wearing masks and helmets arrived at the target in two motorcycles on Thursday morning.

>> They entered the office as soon as it opened when there were barely four staff.

>> They overpowered the lone security guard and rounded up others.

>> The officials were asked to open the lock of the strong room at gunpoint.

>> The robbers mopped up almost all packets containing gold jewellery before moving to cash in the strong room.

“They looted cash amounting to Rs 4.30 lakh and gold ornaments worth Rs 8 to Rs 10 crore. The exact worth of the loot can be ascertained only after the audit report is tallied. The incident happened in just 10 minutes.”

Satyam Pradhan, IIFL’s Nayasarak Branch Manager 

IIFL Finance Limited is a major non-banking financial company that gives gold loans, business loans including loans against property and microfinance.

INSIDER’S HAND

>> CCTV camera of the branch was not functional when the robbery took place.

>> The security guard who has a licensed gun was on leave, while the one present had no resistance to offer.

>> There was no siren installed in the branch.

PC: Twitter

“It appears like a planned operation. A special team has been formed and we are hopeful of solving the crime soon.”

Twin City Commissioner of Police Sudhanshu Sarangi

The borders of the city have been sealed and police officials of neighbouring Jagatsinghpur, Jajpur, Dhenkanal and Kendrapara have been alerted.

“We are verifying the CCTV footage collected from the firm and the nearby shops to get clues.”

DCP Cuttack Prateek Singh

Last month, the Commissionerate Police had advised banks and financial institutions to improve security systems at branches and ATMs.

 

Tags: Cuttackloot
Share196Tweet123
ADVERTISEMENT
Previous Post

Winter Session: BJD Ready To Debate All Issues In Assembly, Says Odisha CM

Next Post

Odisha: Woman CDPO Suspended For Taking Rs 1.75 Lakh Bribe

OB Bureau

OB Bureau

Related Posts

'Instagram spreads child sex abuse content'

Sex Abuse: Meta Agrees To Make Online Platforms Safer For Children In India

by OB Bureau
September 15, 2026

New Delhi: With the government’s heightened engagement with social media platforms over harmful content online, Meta has agreed to report...

Odisha Cops Bust Fake Cattle Feed Unit in Jagatpur

Odisha Cops Bust Fake Cattle Feed Unit in Jagatpur

by OB Bureau
September 15, 2026

Cuttack: Revelations of food adulteration, this time targeting livestock, has once again rocked Cuttack district. After recent concerns over fake...

Hindu Says Sorry For Offensive Front-Page Ad

Hindu Says Sorry For Offensive Front-Page Ad

by OB Bureau
September 15, 2026

New Delhi: The Hindu has issued an unconditional apology after facing backlash for publishing a front-page advertisement defending Dera Sacha...

Orissa HC Imposes Rs 50K Penalty On Petitioner For Misuse Of PIL

Orissa HC Imposes Rs 50K Penalty On Petitioner For Misuse Of PIL

by OB Bureau
September 14, 2026

Kataka: The Orissa High Court has imposed a fine of Rs 50,000 on a petitioner for filing a PIL and...

Next Post
Odisha: Woman CDPO Suspended For Taking Rs 1.75 Lakh Bribe

Odisha: Woman CDPO Suspended For Taking Rs 1.75 Lakh Bribe

OMC-Ad OMC-Ad OMC-Ad
SAI International School SAI International School SAI International School
OdishaBytes

Copyright © 2026 Frontier Media

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • News Feed

Follow Us

No Result
View All Result
  • Home
  • Odisha
    • Policy & Politics
    • City
  • India
  • Sport
    • Cricket
    • Football
    • Hockey
    • IPL
  • Entertainment
    • Music
    • Movie Review
    • Television
    • Bollywood
    • Hollywood
    • Ollywood
  • Business
  • Lifestyle
    • Travel
    • Food
    • Health
    • fashion
  • World
  • More
    • News You Can Use
    • Good News
    • Viral Videos
    • Tech
      • Cars & Bikes
      • Mobile & Gadgets
      • Review

Copyright © 2026 Frontier Media