Armed robbers strike in Ludhiana, loot 30-kg gold from financial firm

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Photo for representation only.

Ludhiana, February 17: In a daring day-light robbery right in the heart of Ludhiana, armed assailants looted 30 kg of gold from the office of a financial services company on Monday.

Police said the five armed robbers entered the Gill Road branch of India Infoline Finance Ltd (IIFL) at around 11 am and fled away with the gold consignment worth Rs 13 crore.

Senior police officials, including Ludhiana police commissioner Rakesh Aggarwal, rushed to the spot even as a hunt had been launched for the assailants.

Police sources said while four of the assailants barged into the branch, another waited in the car outside. Eyewitnesses said while two of the masked robbers directed the company staff to hand over the keys to the safe in which the gold consignment was kept, the remaining two held the other staffers at gunpoint.

Initial reports stated that there was no customer there at the time of the incident. The robbers took half an hour to commit the crime and fled away in the waiting car, said officials.

Closed circuit TV cameras have captured the incident. Police have started investigating the feed.