Police say six masked men entered company premises and stole the gold, worth around ₹ 7 crore, at the point of a gun

In a daylight robbery, Muthoot Finance, the private gold loan finance company, was robbed on Friday of over 25 kg (25,091 grams) of gold worth around ₹ 7 crore to at gunpoint, by a gang of six. ₹ 96,000 in cash was also stolen from its offices.

Six masked men, wearing helmets, entered the fundraising company at 9:30 a.m., shortly after the office opened on Friday. Police said the men first beat the security guard and took him inside, where five other staff and three customers were present. The director and the four office staff were attacked at gunpoint before the office lockers were looted.

Police Commissioner Bandi Gangadar attended the scene of the crime and is investigating.

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