Police Arrest Three Suspects Following $800,000 Bank Heist in Bengaluru

Sun Nov 23 2025 10:54:57 GMT+0200 (Eastern European Standard Time)

In a swift response to a bold robbery where armed criminals masqueraded as bank officials, Bengaluru police have arrested three suspects and recovered a significant portion of the stolen cash.

Bengaluru police have made significant progress in the investigation of a daring $800,000 heist, arresting three individuals connected to the crime and recovering 57.6 million rupees within days of the robbery. The suspects, including a cash transport company employee and a police constable, are alleged to have used deception and tactical planning to execute the theft. Authorities continue to search for additional suspects and evaluate security protocols in cash transport operations.

Three people have been arrested in India after a daring 70m rupees ($800,000; £600,000) heist in which armed men posing as central bank officials robbed an ATM cash van.

On Saturday, police in the southern city of Bengaluru announced they had cracked the case and recovered 57.6m rupees of the stolen money three days after the robbery.

Our investigation is on track to get the remaining amount, Bengaluru police commissioner Seemant Kumar Singh told reporters.

Singh confirmed three suspects had been detained, stating, We are looking for two to three more. The arrested include Gopal Prasad, an employee of the cash transport company CMS, J Xavier, a former CMS worker, and Annappa Naik, a local police constable.

The robbery occurred in broad daylight in the Lalbagh area of Bengaluru, where the thieves pretended to be officers of the Reserve Bank of India. They stopped the cash transport vehicle and claimed they needed to check paperwork for such a large amount of money.

The vehicle's cash custodian and two security guards were instructed to enter an SUV while one of the gang members took control of the cash van, according to police reports.

The gang modified their vehicles, utilized fake registration plates, and selected locations with minimal CCTV coverage to transfer the cash boxes.

A massive manhunt began on Wednesday, enlisting over 200 police officers across Karnataka as well as neighboring states like Kerala, Tamil Nadu, Telangana, Andhra Pradesh, and Goa.

Detectives are also probing the possible involvement of CMS in the planning and execution of the robbery, including evaluating adherence to cash transfer guidelines. Commissioner Singh noted that cash transport routes and timings should not be routine to avoid predictability.