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22
EntertainmentSep 14, 2025 03:43 AM

Rs 40L heist turns into high-speed chase: Driver among 7 held after money spills on highway | Hyderabad News - The Times of India

Hyderabad: In what reads like a real-life crime thriller, the Cyberabad police on Saturday cracked a ₹40 lakh highway robbery case just a day after the daring heist shocked commuters in Shankarpally. One of the accused turned out to be none other than city-based businessman's manager Sai Baba's own car driver, who allegedly masterminded the robbery. Police commissioner Avinash Mohanty confirmed the arrest of seven accused, including car drivers Madhu Kasula, Mohammed Azar, and Bandra Anudeep, real estate businessman Salin Harshavardhan, Vijay Kumar, and bouncers Shameem Mulla and Cherukula Deepak. From them, the police recovered ₹17.5 lakh. The shocking case unfolded when businessman Rakesh Agarwal deputed his manager Sai Baba to collect ₹40 lakh from a customer in Vikarabad on Friday. "Sai Baba hired a car owned and driven by Madhu, with whom he had a long-standing acquaintance. He would often hire Madhu for cash-related transportation," Avinash explained during the press meet. But Madhu, suspecting the job involved cash transportation, allegedly plotted to rob the money and enlisted a group of accomplices. Around 11.30 am, after collecting the cash from a customer named Ansari, Sai Baba set off for Hyderabad. Near Hussainpur Gate, their car was suddenly overtaken and rammed by another vehicle. Three men jumped out, assaulted Sai Baba and snatched the cash. Madhu, at the wheel, pretended to be clueless on the robbbery. In the chaos, bundles of notes scattered across the road, leaving motorists stunned. Investigations revealed that Madhu had been sharing his live location with the gang. "As per the plan, once they reached Hussainpur, Madhu switched on the car's indicator lights to signal the others to carry out the robbery," a police source explained. After the theft, the gang fled in their vehicle -- but fate intervened. Their getaway car, owned by Anudeep, crashed and overturned. The suspects escaped on foot, but the police tracked them using the vehicle's registration. The investigation also uncovered prior criminal records. Vijay Kumar was booked under the Narcotic Drugs and Psychotropic Substances Act, Azar had three burglary cases, Harshavardhan faced four cheating cases, and Mulla had a dacoity case registered against him.

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BusinessDec 02, 2024 03:41 PM

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SportsDec 03, 2024 02:59 PM

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PoliticsNov 18, 2024 05:24 AM

Narco, arms smuggling cartel busted: 2 held with 3.5kg heroin, illegal weapons in Amritsar

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BusinessNov 26, 2024 02:44 PM

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PoliticsNov 26, 2024 08:46 PM

Constitution Day 2024: Government Strengthened Spirit of Constitution Over Last 10 Years, Says PM Narendra Modi (Watch Video) | 📰 LatestLY

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BusinessNov 28, 2024 01:30 PM

Incuspaze to raise USD 25 mn to fund expansion plan amid rising demand for flexible office space

New Delhi, Nov 28 (PTI) Coworking firm Incuspaze, which provides managed flexible office spaces to corporates, is looking to raise USD 25 million (over ₹210 crore) to expand its business across major cities before planning to launch its Initial Public Offer (IPO). Established in 2016, Incuspaze has a presence in 44 locations across 18 cities with a total portfolio of 40 lakh square feet. "We plan to add another 2 million (20 lakh) square feet in our portfolio by the end of December 2025," Incuspaze founder and CEO Sanjay Choudhary told PTI. In view of the growing demand for flexible workspa ...Read More >