SBI CASH ROBBERY CASE

Major Breakthrough in SBI cash robbery case by police

The Rajahmundry urban police have made a breakthrough in the robbery of Rs.7.31 crore in cash belonging to the State Bank of India and taken two prime suspects into custody.

According to highly placed sources, a police team went to Kunta on the border of Andhra Pradesh, Chhattisgarh from where one of the suspects hails, and also to Bhadrachalam, to establish the antecedents of the second suspect. However, it is learnt that the bundles of currency were carried by miscreants in five to six bags in a Bolero van around in the wee hours of Monday.

In the sensational robbery, miscreants took away Rs. 7.31 crore cash belonging to the SBI after murdering P. Srinivas, employee of Scientific Security Management Services Limited (SSMSL).

Police had come to the conclusion that it was an inside job and interrogated all the 10 employees of SSMSL, including the driver, Pilaka Ramana Reddy. During the interrogation, it came to light that Sai Prasada Reddy, son-in-law of the driver worked as branch in-charge, was absconding from Sunday night. Sai Prasad Reddy had quit SSMSL three months ago. It was learnt that Reddy along with another former employee, Jagadeesh of Bhadrachalam, who was bag-carrier, might have hatched the plan and implemented the same with the help of some outsiders, who are having experience in house-breakings and murders.

Police are also looking into the angle whether Srinivas was killed following a dispute over sharing of the huge cash among the miscreants. The miscreants took all precautions to distort evidence from the scene of offence, but failed to take the cellphone of Srinivas which was found in his pocket. The police tracked the call record and proceeded further with the help of the record to nab the suspects.

Bid to suppress evidence

The police investigation had gone into some important areas, including the knees of Srinivas’ body were touching the floor when he was suspended from ceiling, fingerprints on a chilli powder packet that was left in one of the rooms, iron box, in which the keys of iron safe were kept and the box was cut with the help of gas-cutter and history of prisoners who were released recently on parole or after completion of punishment.