28-year-old Ravi Sandhira Sagaran yesterday pleaded guilty of robbing Ali Yousouf Saiboo, 35, of 6,24,036 Singapore Dollars and foreign currencies on November 5, 2014, reported The Straits Times.
Four other accused in the case are still at large.
A second charge was also taken into consideration for conspiring with several men, including one Tachana Moorthy Peromal, 29 and Annadurai Raman, 43, to steal a car from a parking lot.
Tachana and Annadurai would go on trial next month, according to the report.
Sagaran and his accomplices tailed Saiboo's car and blocked it at the parking lot.
Saiboo, whose two-year old son was with him, activated the door locks in his car, but one of the men smashed the car window with a crowbar, while another dragged Saiboo out and assaulted him.
Sagaran was arrested on November 12, 2014 but the money is yet to be recovered.
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