Rs 5 Crore Gold Looted from Odisha Bank; Robbers Had a Cakewalk Due to No Security
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Moneycontrol•20-01-2026, 14:16
Rs 5 Crore Gold Looted from Odisha Bank; Robbers Had a Cakewalk Due to No Security
- •Six armed men looted gold jewelry worth over Rs 5 crore and Rs 8 lakh cash from a bank in Barbil, Keonjhar district, Odisha.
- •The robbery occurred during business hours, with only two staff members and no security guard present at the bank.
- •Robbers, wearing masks and carrying pistols, held around 10 employees and five customers at gunpoint, forcing them into a room.
- •The entire operation lasted approximately 15 minutes, with the culprits escaping on five motorcycles.
- •Police suspect the gang may have come from Jharkhand, as Barbil is close to the state border, and multiple teams are investigating.
Why It Matters: A bank in Odisha was robbed of Rs 5 crore gold and cash due to a complete lack of security.
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