The city police on Saturday arrested a man and his son for the theft of 10kg gold worth Rs 3 crore and Rs 30,000 in cash in the unguarded Manappuram Finance Company in Rama Mandi on Monday, and recovered 1kg looted gold from them.
The police also seized a .32 bore revolver, three live cartridges, two Activa scooters and a bike from them.
The accused have been identified as Surjit Singh of Gaggowal village in Gurdaspur and his son Sukhwinder Singh alias Babbu, presently residing at Sainik Vihar near Dakoha in Jalandhar.
The police said that it was a gang of eight people and the arrested two were conducting recce outside the branch, when the crime was being committed.
The police said that after the loot, the two had moved to the house of Sukhwinder’s relative in Ludhiana and other persons, who belonged to Uttar Pradesh, Bihar and Orissa, left for other places. But, they had come back to their place here recently.
The arrested had a transport business in Orissa.
Sukhwinder’s elder brother Varinder is also involved in the crime. A CCTV camera installed on the Dashmesh Nagar road in Rama Mandi had reportedly captured a Honda Activa scooter-borne robber that led the cops to the Sainik Vihar locality where they had been living in a house they had taken on rent from a retired deputy superintendent of police (DSP).
When questioned about the arrest of the absconding accused, the police said that police teams are following them and they would be arrested soon.
As per sources, the arrested had taken 1-kg gold ornaments as their share. A special investigation team (SIT), headed by additional deputy commissioner of police (ADCP-I) Jasvirr Singh, along with ACP central DD Sharma, SHO, Rama Mandi police station, Naresh Kumar Joshi and head of CIA-II Inderjeet Singh have been working to crack the case.