Posing as CBI officials, five unidentified persons looted 40 kg gold from a Muthoot Finance officer in Hyderabad yesterday, the city police said.
The con men escaped with gold ornaments valued at about Rs10 crore after first gaining access through the CBI pretence and then threatening the staff with weapons at the Ramachandrapuram office of the company on the outskirts of the city.
Cyberabad Police Commissioner Sandeep Shandilya said they also looted Rs1 lakh cash.
According to police, five persons came to Muthoot Finance branch in the morning and told the staff that they were CBI officials and wanted to check records and gold in the lockers as they were investigating a case of theft.
