Businessman arrested for stage-managing robbery
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Last Updated: Thursday, September 02, 2010, 22:44
New Delhi: A businessman was arrested in the capital for allegedly stage-managing a robbery in his house to come out of huge debt he incurred in futures trading in gold, police said.

Along with businessman Tarun Kumar Khandelwal, three persons -- Salim (23), Suraj (22) and Monu (20) -- whom he engaged for the robbery at his Safdurjung Enclave on August 30 were also arrested yesterday.

Deputy Commissioner of Police (South) H G S Dhaliwal said the arrest came following police finding out that Khandelwal was continuously on phone with a person at the time of the incident though he claimed that his hands were tied by the robbers.

"Khandelwal's grandmother had left huge jewellery after her death and same was lying inside her almirah which has not been opened by any of the family members after her death. His main motive was to obtain the jewellery/valuables kept by his grandmother who had died 5-6 years ago," Dhaliwal said.

Khandelwal was interrogated first during which he broke down and said to have admitted to have hatched a conspiracy to rob his own house in association with the others.

He also told police that Salim was a tenant of Khandelwal for the past 12 years.

"He discussed the plan with Salim. They both hatched the conspiracy and decided to rob the jewellery and other valuables when his family members would not be in house," Dhaliwal said.

On August 30, Khandelwal informed Salim that some of his family members were going to Rajasthan and the latter shared this information with one of his relatives Khursheed and friends Suraj and Monu.

When they reached the spot, Khandelwal allegedly handed over the knives and ropes to them and instructed them to remain outside the house.

After sometime, Tarun informed them to come in the house on the pretext of repairing the gas pipeline. After that, they all entered the house and overpowered all the inmates present in the house, including Khandelwal by showing weapons.

"As per plan, Khandelwal was kept on ground floor whereas his wife Rashi and sister Urvashi were kept hostage on the first floor of the house. After shifting both the ladies to the first floor, they untied the hands of Khandelwal who helped them to break open the almirahs," Dhaliwal said.

Khandelwal also helped them to escape from the spot along with the booty after getting tied and locked himself in the bathroom of the ground floor.

Khandelwal started dealing in gold in the name of BS Jewellers at Kotla Mubarak Pur. He started forward trading of gold on MC-X and suffered huge losses.

"In order to come out of this huge debt due to losses in gold trading, he hatched a plan to commit robbery in his own house, especially targeting the valuables and jewellery of his grandmother," Dhaliwal said.


First Published: Thursday, September 02, 2010, 22:44

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