Cutting a hole in train roof, robbers escape with RBI's cash

Image
IANS Chennai
Last Updated : Aug 09 2016 | 9:13 PM IST

Robbers cut through the roof a train coach in Tamil Nadu and escaped with cash belonging to the Reserve Bank of India (RBI), police said.

The audacious robbery came to light when the Salem Express reached Chennai from Salem in the state.

According to officials, the RBI booked a coach in the train.

The bank had reportedly loaded 228 trunks with currency, estimated at around Rs 340 crore. But some officials said they were all soiled notes.

It is not know how much cash was robbed.

The robbers seem to have entered the coach after cutting through the roof sometime during Monday night or early on Tuesday when the train reached Virudhachalam.

Another theory is that the robbery could have happened soon after the train left Salem and before it reached Virudhachalam as the route was non-electrified route. On the other hand, the route between Virudhachalam and Chennai is electrified.

--IANS

vj/vd

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 09 2016 | 9:04 PM IST

Next Story