In a shocking event, it is revealed that a man from Andhra Pradesh is being arrested by the police for stealing Gold from a bank worth Rs 2.36 Crores. Sumantha was an attendee of Bank of Baroda, Bapatla Branch of Guntur District.
The police arrested Sumantha and his two accompanies on September 2. It was found in the investigation that they replaced the real gold with the fake gold. During the audit, the whole incident came into the limelight.
The Police officials said, “Perla Sumantha had bad habits of playing Rummy online and other gambling games. To invest in gambling, he looted the bank where he was working.”
Taking help of the friend Ashok Kumar and his brother Kishor Kumar, Sumantha carried out this loot successfully.
“He looted 5.8kg original gold items from 48 different bags and replaced them with fake gold items,” the police said further.
Afterwards, he opened different accounts and pledged the entire gold at Muthoot Gold Loan Company. Sumantha pledged a total of 4837.64 grams gold worth Rs 1.87 crores at Muthoot Finance. He also obtained a loan of Rs 34 lakhs from there.
Meanwhile, the Kerala High Court lifted the ban from online rummy. The Kerala government imposed the ban under Gaming Act, 1960. The ban was lifted on the basis that rummy is a game of skill.
Due to this, Sumantha was able to play again online rummy. He spends the money looted from the bank in online gaming.
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Now, the Andhra police is investigating the entire matter. Sumantha and his friends were taken into custody.