Heist worth Rs. 8.49 crores in Ludhiana, eight to ten robbers robbed a management firm

New Delhi, June 12

A group of 8-10 robbers barged into the office of CMS Info Systems Limited, a cash management firm at Ludhiana and fled with at least Rs 8.49 crores.

This is being believed to be the biggest heist witnessed in Ludhiana in decades. Apparently, last such heist was reported in Ludhiana in 1987. 

The police have formed a team to probe the heist where over 200 employees of the company are being questioned, CCTV cameras in and around the area analyzed and other details are being collected. 

Parveen, the branch manager filed a complaint with police who informed them that he had received a call around 5.50 am about the loot from a colleague. When he reached the office, Amar Singh, a security guard, told him that robbers entered the premises around 2 am. The accused stuffed a cloth in Amar’s mouth, tying his hands with a rope and pushed him aside after assaulting him severely. 

They also snatched rifles from two armed guards Balwant Singh and Paramdeen Khan.they held the guards hostage; tied their hands and feet with a rope, sealed their mouths with tape and also put chilli powder in their eyes, and locked them in the service room. In the meantime, they also uprooted the DVR of CCTV cameras and magnet lock from the service room. They then looted the cash from the cash room. 

It it to be added that two more employees identified as Himmat Singh and Harminder Singh who were counting cash in the room when robbers entered. They overpowered them, broke their phones by smashing them on the floor and sealed their mouths with tape. They then threw both employees out of the room and told them to stay mum else they would be shot dead. They took cash from the room and fled in one of the cash vans parked outside leaving behind both weapons they had snatched from security guards.

In the primary probe, the police suspect the role of an insider and a full fledged planning for the heist. 

The FIR has been registered against unknown people under Sections 395, 342, 323, 506, 427, 120-B of IPC and 25 of Arms Act.