This story is from January 11, 2009

Trio loots Rs 11.5 lakh from finance company

Three persons looted Rs 11.5 lakh from a finance company officeafter gagging the office employee at gunpoint.
Trio loots Rs 11.5 lakh from finance company
:Three persons looted Rs 11.5 lakh from a finance company office in Mahadevapuraon Saturday morning after gagging the office employee at gunpoint. But, policespotted several discrepancies in the entire episode and hope to crack the casesoon.Around 11.30 am, the trio entered Sai Krupa Enterprises atGarudachar Palya when office assistant Narayanaswamy was alone, threatened himwith a revolver and gagged him.They went into the office of companyowner Balaraj and took away Rs 11.5 lakh kept in the almirah. The goons werearound 25 and spoke in Kannada, English and Hindi. Besides lendingmoney, Balaraj also discounted cheques for small businessmen. On Saturdaymorning, he'd asked Narayanaswamy to withdraw Rs 10 lakh from a bank nearMavalli. He brought the cash and kept it in Balaraj's office.Withina few minutes, the trio attacked the office located in a busy area, surroundedby a dental clinic and medical shop. The dentist was the first to know about therobbery and helped Narayanaswamy release himself. Narayanawamy told the policethe robbers had come in a car and a two-wheeler.

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