Rs 2 Crore Cash and 28 Tolas of Gold Stolen from Hyderabad Realtor's Home in Brazen Burglary

Unidentified burglars break into Hyderabad realtor's home, steal Rs 2 crore cash and 28 tolas of gold. Police investigation underway.

Real EstateBurglaryHyderabadCrimePolice InvestigationReal Estate NewsSep 23, 2024

Rs 2 Crore Cash and 28 Tolas of Gold Stolen from Hyderabad Realtor's Home in Brazen Burglary
Real Estate News:In a shocking incident, unidentified burglars broke into the house of a real estate businessman in Pocharam, Hyderabad, on Sunday, making off with a whopping Rs 2 crore in cash and 28 tolas of gold.

The incident occurred when the house owner stepped out to buy milk, leaving his house unattended. When he returned home, he was shocked to find the lock of the door open and the almirah broken. The cash and gold were missing, leaving the businessman stunned.

The homeowner immediately alerted the police, who arrived at the scene and began an investigation. According to the police, the businessman had recently decided to buy agricultural land in Shankarpally and had entered into an agreement with a landowner. To make the advance payment for the land deal, he kept Rs 2 crore in cash at his residence.

The police suspect that someone who knew about the transaction might have committed the crime. The police have collected fingerprints from the crime scene and are checking nearby CCTVs. However, the homeowner is yet to file a formal complaint with the police.

The incident has sent shockwaves in the area, with many residents expressing concern over the rising crime rate. The police have assured that they will do everything in their power to catch the culprits and recover the stolen money and gold.

Information
The real estate market in Hyderabad has been booming in recent years, with many builders and developers investing heavily in the city. However, the incident highlights the need for greater security measures to be taken by residents, especially those dealing with large sums of cash.
The Hyderabad Police Department is responsible for maintaining law and order in the city. The department has a dedicated team of officers who work tirelessly to prevent and investigate crimes.

Frequently Asked Questions

What was stolen from the realtor's home?

Rs 2 crore in cash and 28 tolas of gold were stolen from the realtor's home.

Where did the incident take place?

The incident took place in Pocharam, Hyderabad.

Why did the businessman keep Rs 2 crore in cash at his residence?

The businessman kept Rs 2 crore in cash at his residence to make the advance payment for a land deal.

What is the police doing to investigate the crime?

The police have collected fingerprints from the crime scene and are checking nearby CCTVs.

Has the homeowner filed a formal complaint with the police?

No, the homeowner is yet to file a formal complaint with the police.

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