
Ex-cop Arrested in Rs 36 Crore Bank Heist in Maharashtra
What Happened?
A dismissed police sub-inspector, Shankar Jasak, has been arrested for his alleged role in a bank robbery in Jalgaon, Maharashtra, where valuables worth Rs 36.48 crore were stolen.
Key points
- The robbery occurred at a State Bank of India branch in Jalgaon.
- Four suspects were arrested, including Shankar Jasak, the alleged mastermind.
- The group threatened bank staff with a pistol and stole valuables from 16 lockers.
- Villagers helped police track down the suspects after they fled.
- Police recovered 26 kg of gold and Rs 12.26 lakh in cash.
Key insights
- The involvement of a former police officer raises concerns about insider threats.
- The swift response from villagers demonstrates community vigilance.
- The recovery of stolen items may help in further investigations.
Why it matters
This incident highlights ongoing security challenges in banking sectors.
Entities
Source
India Today


