A youngster, who looted a bank to clear his debts, landed behind bars when locals caught him while he was fleeing with Rs. 10 lakh at Tolichowki on Tuesday.
Mohd. Jameel was running with the cash bag when he hit a road divider and fell. Two knives and a revolver were seized from him. The youth from Jirra of Karvan was working as a personal loan executive. He secured a Rs. 3.5 lakh loan from two persons a few years ago but failed to repay it.
With the interest, the total debt amount rose to Rs. 5.5 lakh over the years. Jameel tried to secure a loan from SBI’s Tolichowki branch by mortgaging some land documents. However, the idea did not materialise since he failed to complete the required formalities.
“That was when he decided to loot the bank and secured two knives and a revolver through his acquaintances,” the Golconda police said. As he regularly visited the bank in connection with his earlier loan application, he was familiar with the bank’s topography and the transactions.
He observed that the total cash deposits would be handed over to the head cashier Rajani by 4.30 p.m. With the help of the attender, she would deposit the money in the strong room. Jameel lay in wait at the bank. Just when the grills of the bank gate were locked and the shutter was downed half, he rushed to Rajani and held a knife to her throat even as her colleagues were shocked.
He directed one of them to collect the cash and keep it in the bag threatening to kill them if anyone raised an alarm. Then he collected the bag, got the gate lock opened and hurried out. As he passed the gate, the bank staff buzzed the security alarm. A businessman, Sirajuddin and dairy farm dealer Sheru Bhai chased the fleeing youth for over 30 yards.
Scared of being chased, Jameel ran across the road only to hit the divider. As he fell, the locals handed him over to the police.
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