Major Burglary in Hyderabad: Rs 2 Crore and Gold Ornaments Stolen from Pocharam Residence

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Hyderabad – In what is being described as one of the biggest burglaries in recent times, unidentified thieves stole Rs. 2 crore in cash and around 30 tolas of gold ornaments from a residence in Pocharam, on the outskirts of Hyderabad, on Sunday.

The victim, B. Nagabhushan (75), was out early in the morning on personal work, leaving his wife at home. When she woke up later, she discovered the house had been ransacked, with cupboards broken into and the cash and gold ornaments missing. She immediately alerted her husband, who returned and notified the police.

Burglars Likely Targeted the Cash from Recent Land Sale

The couple informed police that they had recently sold a plot of land in the suburbs and were keeping the cash at home, which may have attracted the burglars. According to authorities, it’s suspected that someone with knowledge of the substantial amount of money kept in the house may have orchestrated the heist.

“A few suspects have been detained for questioning, and the investigation is ongoing,” said ACP Malkajgiri, S. Chakrapani. The police have deployed a sniffer dog and forensic teams to gather clues from the crime scene.

The police have formed special teams to identify and apprehend the suspects, with the Rachakonda Special Operations Teams working closely alongside the local police in their efforts to crack the case.

This major burglary has sent shockwaves through the area, raising concerns over the security of suburban homes, especially for those storing large amounts of cash and valuables. Authorities have urged residents to take precautions and report any suspicious activities as investigations continue.

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