Thief who burgled Rs 2 crore worth luxury watches held in Karnataka

by IANS |

Bengaluru, Jan 14 (IANS) A man who burgled watches valued at Rs 2 crore after breaking into a watch showroom in Indiranagar locality of Bengaluru has been arrested, police said on Friday.

He was identified as 37-year-old Akthar, a resident of Madeenanagar in Mangammanapalya.

According to the police, as many as 171 branded watches have been seized from him.

Akthar, who hails from Bihar, committed the burglary on January 5 at a showroom in Indiranagar locality. The police have launched a manhunt for four accomplices of Akhtar.

They used to identify shops and showrooms in the morning and later burgled the goods.

The accused used to take a house on rent in metropolitan cities to commit burglaries. They used to go to the showrooms and shops posing as customers and observed the security arrangements.

The burgled goods were sold on the Nepal-Bihar border at throwaway prices.

Latest News
Indian equities rebound sharply; Sensex, Nifty rise 1% Fri, Jan 28, 2022, 12:45 PM
Google acquires 1.28% stake in Airtel, invests up to $1 bn Fri, Jan 28, 2022, 12:44 PM
Electronic goods exports up by 49% on-year in April-Dec 2021 Fri, Jan 28, 2022, 12:42 PM
'Substantial rise in real interest rates could cause further selloff in US stocks' Fri, Jan 28, 2022, 12:39 PM
Japanese nuke plant operator sued over Fukushima disaster-linked cancer claims Fri, Jan 28, 2022, 12:37 PM
AIADMK to highlight failures of 9 months of DMK govt during urban polls Fri, Jan 28, 2022, 12:32 PM
Man shot dead in Delhi's Alipur Fri, Jan 28, 2022, 12:30 PM
Sydney Sixers' third request to get Steve Smith for BBL final turned down Fri, Jan 28, 2022, 12:29 PM
Glenn Maxwell signs long-term deal with BBL side Melbourne Stars Fri, Jan 28, 2022, 12:28 PM
U-19 CWC: Afghanistan defeat Sri Lanka, join England in semifinals Fri, Jan 28, 2022, 12:27 PM
'States to collect data': SC refuses to dilute criteria on reservation in promotion Fri, Jan 28, 2022, 12:11 PM
'Unconstitutional, arbitrary': SC sets aside suspension of 12 BJP MLAs from Maha Assembly (Ld) Fri, Jan 28, 2022, 12:10 PM
India reports marginal decline, logs 2.51 lakh new Covid cases Fri, Jan 28, 2022, 12:09 PM
Woman assualted, stripped as son elopes with neighbour in TN Fri, Jan 28, 2022, 11:47 AM
Bengal Police repeatedly obstructing my movement: Suvendu Adhikari to NHRC Fri, Jan 28, 2022, 11:44 AM