J Ravi Kumar Reddy (30), the accused, holds a B-tech degree and was working as a sales executive at Tanishq Jewellery store at the CBM Compound here since January.
DCP (crime) T Ravi Kumar Murthy said that Reddy was addicted to liquor and gambling, for which he needed money.
On April 26, having joined the duty at the store after a week's leave, he stole seven gold bars when other employees were attending a staff meeting.
Then he fled from the store. The owner found out about the theft after watching the CCTV footage.
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