Hyderabad: Two armed robbers broke into a house at Tallabkatta in the old city and took away Rs. 40 lakh in cash after overpowering the house owner on Sunday morning.
The incident took place about 5 am in front of the lane located opposite the Bhavaninagar police station.
A businessman, Mohd Sultan, was at his house when two people knocked on the door. When Sultan opened the door, the robbers barged inside the house and threatened the man with a knife. One of the robbers tied Sultan’s hands with a rope and, after searching the house, laid their hands on a bag containing Rs. 40 lakh cash.
Sultan, who is in the bangle business, had recently sold a property in Bihar and brought the cash to Hyderabad to buy a property here.
After the robbers escaped from the house, Sultan managed to release himself and informed local people.
The police, on being alerted by local people, reached the spot and started an investigation. Special teams have been formed to identify and nab the accused. The police suspect that some persons who had knowledge about the presence of a huge amount of cash in the house had planned and executed the robbery.
