Bank manager, two others held for over Rs 53 cr heist in Karnataka
Vijayapura (Karnataka), Jun 27 (PTI): Three people, including a bank manager, have been arrested in connection with the alleged robbery of gold and cash worth over Rs 53.26 crore from Canara Bank’s Managuli branch, police said on Friday.
The accused have been identified as Vijayakumar Miriyala (41), the bank manager, and his accomplices—Chandrashekhar Nerella (38) and Sunil Narasimhalu Moka (40), police added.
The robbery took place at Canara Bank’s Managuli branch in Basavanabagewadi taluk of Vijayapura district on May 25, where Miriyala had previously served as branch manager.
Vijayapura Superintendent of Police Lakshman Nimbargi said 58.97 kg of gold ornaments worth Rs 53.26 crore and Rs 5.2 lakh in cash were stolen from the bank locker.
“In this case, senior manager Vijayakumar Miriyala from Canara Bank’s Hubballi branch and his associates Chandrashekhar Narasimhalu have been arrested,” Nimbargi said.
According to police, the accused had systematically conspired to rob the bank. They had planned the heist in February this year but waited until Miriyala was transferred from the Managuli branch to avoid suspicion.
Following his transfer to the Ronihal branch in Vijayapura district on May 9, Miriyala handed over the keys to the bank’s safe deposit lockers to his accomplices, police said.
Using duplicate keys, the trio carried out the robbery and even placed "black magic materials" near the bank to mislead investigators into believing outsiders were involved, police added.
Following their arrests, police seized two cars used in the crime, along with 10.5 kg of gold valued at Rs 10.75 crore, which was being transported in the vehicles.
Further investigation is underway to recover the remaining stolen gold and cash.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
