‘Jugaad’: Police alleges theft of Rs 8.5 cr at cash management firm | Ludhiana News – Times of India

LUDHIANA: A cash management company is being hit hard where a robbery of Rs 8.5 crore took place on Saturday, Ludhiana Police Commissioner Mandeep Singh Sidhu said on Tuesday that the firm was using a “jugaad” security set-up and by doing so, had also endangered the safety of its employees when the one-hour robbery took place.
The District Police is now going to send recommendations to the Director General of Police (DGP) Gaurav Yadav and the Chief Minister. Bhagwant Mann To cancel the license of the company, chief ministers, Earlier in the day, Punjab Additional Director General of Police (Counter Intelligence) R. N Dhoke Visited the city for a meeting with senior officials regarding the crime. “There has been a lot of progress in the case and the police is very close to solving the case,” he said after the meeting.
Sidhu said that recommendations are being prepared in which all the security lapses are being mentioned in detail. “It is a big case. Several teams have been formed to break it and nab the robbers. I must say that the company had a ‘Jugaad’ security system. During investigation, the police found several lapses in their security, Which clearly shows the company. There was no concern for the safety of the cash, simply because the money was insured. We are preparing to send a recommendation to the DGP and CM to cancel the license of the CMS company in Punjab. All the loopholes found in their security are being mentioned in the recommendation. , which will be sent soon,” the commissioner said.
Sidhu said that sensors have been installed on the boundary wall and main gate of the company’s office at Aman Park. “These can be passed using only an employee’s ID card or their thumb impression. However, the entire system stops working when the power supply is cut. The company has a manual generator. Therefore, when Anyone can enter either through the main gate or by crossing the boundary wall, Sidhu said, until the generator is turned back on.
Sidhu said that there is another way to disconnect the device by breaking the yellow wire hanging near the device, which will leave the main gate open. “The accused had cut the wire to escape from the cash van,” he added. The commissioner said that when the staff told him that the robbers had taken dvr Along with the CCTV cameras, he asked them to provide footage from the cloud. “However, we were told they do not have any such system. There is also a long list of security lapses, such as having guards working 24 hours a day and the absence of automatic alarms if sensors are tampered with or disconnected.” Commissioner added.
At least nine masked robbers armed with sharp weapons barged into the CMS office, held the employees captive and looted Rs 8.49 crore from them in the early hours of Saturday. The accused kept the cash in a company van and fled with it. Hours later, police found a cash van in Ludhiana’s Pandori village, containing two rifles belonging to the firm’s guards.