Branch head of gold loan company held for receiving stolen gold in Odisha

Prameyanews English

Published By : Prameya News Bureau | September 04, 2021 IST

Bhubaneswar, Sep 4: Kharvel Nagar police today arrested the branch manager of a gold mortgaging firm for allegedly receiving robbed gold. Police have also arrested two snatchers who have mortgaged the gold. Police said that the snatchers identified as Bibhuti Pradhan (28) and Subhrajit Debata (28) had snatched the vanity bag of one woman on August 25 near PMG Square. The bag contained gold ornaments, identity cards and cash. The victim had also sustained serious injuries during the snatching incident. Subsequently police arrested both the accused. Police said that the accused were involved in series of snatching and robbery cases in various parts of Bhubaneswar. “During investigation we found the accused of mortgaging the stolen gold in a firm. The branch head of Manapuram Assets Finance Limited Asish Kumar Gaya received the gold ornaments without verification and without any valid documents and after knowing the same as robbed gold ornaments. We have also arrested the branch head,” said a police official.

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