Jewelery shop employees arrested for stealing gold worth Rs 6 crore-Telangana Today

The theft was discovered recently during an internal audit undertaken by the company, following which the management approached the Banjara Hills police and filed a complaint.

Hyderabad: City police have launched a case against eight employees of a jewelry store, Sri Krishna Jewelers Private Limited, in Banjara Hills for allegedly stealing gold bars worth Rs 6 crore.

The theft was discovered recently during an internal audit undertaken by the company, following which the management approached the Banjara Hills police and filed a complaint.

According to the police, two employees – Uday Kumar and B Srikanth, stole gold bars during the internal investigation by the company management. When questioned, Srikanth revealed that Uday Kumar, with the help of several other employees, orchestrated the theft over a long period of time. Other employees, including Chintu, Satya, Ajay, Tinku and Chandra, were allegedly operating under the instructions of Sukhetu Shah, the company’s director.

Based on the complaint of Vijay Kumar, HR manager of the company, the Banjara Hills police closed the case and after preliminary investigation transferred the case to the Hyderabad Central Police Station (CCS).

Meanwhile, Sukhetu Shah’s wife Sruti Shah had filed a missing complaint with the Banjara Hills police, stating that her husband had been missing for a month. She told police her husband told her she was being harassed over a financial issue at her workplace. He left the house leaving a letter and a video which were presented to the police as evidence.

The police are investigating.