Overview
- Five gunmen who stormed a Bank of Maharashtra branch in Singrauli on Friday held staff and customers at gunpoint for about 15–20 minutes and escaped with cash and jewellery from pledged-gold lockers.
- One suspect was caught in Bihar with about ₹15.22 lakh in cash and roughly 62 grams of gold, and a court placed him on eight days of police remand as teams pursue the remaining accused.
- Investigators formed multiple special teams, announced a ₹50,000 reward, and coordinated with police in Uttar Pradesh, Chhattisgarh, and Bihar while reviewing CCTV and a dropped country-made pistol.
- Officials said the bank had no security guard or panic alarm, and police believe the robbers had prior knowledge of the pledged-gold storage, which helped them go straight to the target.
- Estimates of the haul vary widely and remain under verification, with reports ranging from tens of lakhs in cash to several crores once customer-pledged gold is counted, a gap that could affect insurance claims and bank audits.