Burglars invest loot in savings scheme

Nagpur, Feb 20: Two burglars here invested the cash that they got from their heists in a savings scheme rather than squandering the money away.
The burglars, identified as Purushottam, alias Lucky, alias Raghu Shankarrao Wanjari (24) and Sunil Ramprasad Katole (24), had invested Rs 2 lakh in savings certificates of a Jaipur-based private non-banking financial company through its office here, Additional Commissioner of Police (Crime) Dr B K Upadhyay said.

The unusual fact came to light when sleuths from the crime branch nabbed the duo and seized cash, valuables and other material, collectively worth over Rs 7 lakh from them, Dr Upadhyay said.

The material seized included ten savings certificates of Rs 20,000 each, Dr Upadhyay said.

Wanjari and Katole are suspected to have been involved in at least 44 offence of housebreaking and theft in various parts of the city over the past several months, he added.

Their modus operandi was to pose as gas stove repair mechanics during the day to locate houses that were locked with the occupants being out of town, the Additional Commissioner of Police said, adding that they would then strike at night, their task being easier since there would be nobody at home.

Dr Upadhyay said Wanjari and Katole are also suspected to have been involved in housebreaking at the residence of Jogendra Kawade, former member of the Maharashtra Legislative Council, here recently.

A patrol team of the crime branch nabbed the two when they were found loitering in suspicious manner late on Sunday night, he added.

UNI