The SAS Nagar police cracked the dacioty case in which Rs 1.34 crore was stolen from the cash van of Axis Bank in Sector 85 on Sunday. The Police have arrested eight people from different places in Punjab and recovered 1.29 crore from their possession.
According to the police the kingpin has been identified as Rana.
On Monday morning, a group of 10 armed men had snatched a cash van containing Rs 1.34 crore after attacking its five occupants with chilli powder near Sector 85.
The accused used an SUV, which was snatched from Sector 79 on March 4, to commit the crime. Both the emptied cash van and SUV were later found abandoned. The accused also stole the memory card of the CCTV camera and GPS system installed in the cash van, besides damaging their wires.
Police said the cash van with its five occupants — Karamjit Singh (driver), Gurdeep and Gurmeet (security guards), Amrik Singh (cash officer) and Kuldeep Singh (helper) — left the Axis Bank branch in Sector 34, Chandigarh, on Monday morning to deposit the cash in Rajpura.
As the van reached near Sector 85, SAS Nagar, around 8:40am, a Toyota Fortuner intercepted it.
Helper Kuldeep Singh said as soon as their vehicle was intercepted, the van driver tried to flee by reversing the van, but rammed it into the sidewalk.
Meanwhile, 10 men got out of the SUV, and one of them attacked the van’s windshield with an axe and threw chilli powder at the driver. Training their guns at the van, the accused threw chilli powder at the rest of the van occupants, rendering them disabled, and demanded the keys of the van’s locker.
Kuldeep, who had the locker keys, said when he resisted, the accused dragged all of them out of the van and thrashed them up. They then drove away in the cash van and the SUV, while taking along the security guards’ weapons.