Crime Branch sleuths of Odisha Police yesterday seized 100 gm gold from the locker owned by Pradeep Sahoo at the main branch of Kendrapara Urban Cooperative Bank, a police official said.
"We have initiated a probe to ascertain whether the gold was ill-gotten," the official said.
Police had rendred inoperative the accounts of Sarathi Baba and his Satyam Charitable Trust in State Bank of India, Allahabad Bank, Punjab National Bank and United Bank and Urban Cooperative Bank in Kendrapara in December last year.
He was booked under section 420 (cheating), 467 (Forgery) 468, (using as genuine a forged document or electronic record), 471 (forgery for purpose of cheating), 506 (criminal intimidation), 321 (voluntarily causing hurt) and 120 (b) (criminal conspiracy) of IPC and 25 of Arms Act, police said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
