Two collection agents of a Gandhi Nagar based garment trader, were carrying Rs 33 lakh on a scooty from Karolbagh, when two bike borne men snatched the moneybag from them at Vikas Marg, on October 14.
During investigation, Devender and Neeraj, who were carrying money, were interrogated and their statements were found suspicious. Devender was interrogated further and he broke down revealing the conspiracy to misappropriate his employer's money.
Three police teams were formed that arrested Ilyash, Mohan, Harshi and Sonu. Rs 23,27,500 of the looted Rs 33 lakh was also recovered by the police. The absconding accused Shahid was carrying he remaining portion of the money, he said.
On the day of the incident, Devender updated Mohan who along with Harsheet kept following them.
Sonu and Shahid were also following them on a black Pulsar motorcycle. When Devender and Neeraj reached Vikas Marg, after crossing Yamuna bridge, Sonu and Shahid snatched the bag containing the cash.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
