MORE COVERAGE
Twitter Coverage
JOIN SATYAAGRAH SOCIAL MEDIA
"There is no robbery so terrible as one committed by those who think they are doing right": Mumbai - Inspired by Netflix’s ‘Money Heist’, ICICI bank vault custodian Altaf Shaikh loots Rs 34 crores from his bank with sister Niloufer, Qureshi and Ahmed Khan
The Mumbai police have arrested Altaf Shaikh, the vault custodian of the Integrated Currency Management Centre of ICICI Bank in Dombivli, Mumbai, who had on July 9 executed an elaborate heist and siphoned off Rs 34 crore from his own bank’s cash vault.
|
The police arrested Shaikh from Pune on Monday and recovered around Rs 9 crore from him. His sister, identified as Niloufer, and his other three partners in crime, Qureshi, Ahmed Khan and Anuj Giri have also been arrested.
The police, which took almost three months to crack the case, said that the accused had spent nearly one year planning the heist. They further said that the mastermind, Altaf Shaikh had executed the heist after getting inspired by the Spanish heist crime drama web series Money Heist.
The story of Netflix’s Money Heist centres around a criminal mastermind known as the Professor (lvaro Morte), who devises a complex scheme to carry out the largest heist in recorded history, which is to print billions of euros in the Royal Mint of Spain. The popular five-season web series depicts eight criminals kidnapping hostages and trapping themselves in the Royal Mint of Spain as the criminal genius manipulates the authorities to carry out his ambitious scheme.
According to the police, Altaf Shaikh viewed the internet series around a year ago and decided to loot the bank, where he was working for the last 9 years, to quickly gain a fortune. He gathered all the necessary tools to carry out the robbery.
The police said that Altaf had noticed the AC repair work near the bank’s safe room one day and began plotting from there.
|
Altaf Shaikh first investigated the security system’s loopholes before gathering the materials needed for the crime.
The heist was executed on July 9 on a bank holiday. Shaikh, at first, disabled the alarm systems and removed all the hard disks of the CCTVs. Once the system was disabled, he executed the heist through the air conditioning duct. He flung the money through the hole in the AC duct onto a tarpaulin tied to the back of the bank building.
“After deactivating the alarm system and sabotaging the CCTV, Shaikh opened the bank vault and transferred the cash to the duct and below to the chute. The incident came to light after the bank realized that the security money was missing, as were the DVR of CCTVs, which prompted its personnel to call the inspection team,” the official said.
He then took the help of his three associates, Qureshi, Ahmed Khan, Anuj Giri, and his sister, Niloufer, to move the cash from the bank to a rented place at Taloja in Navi Mumbai. According to the police Shaikh handed over Rs 12 crore to his three accomplices and kept the remaining cash in the rented place at Taloja in Navi Mumbai with his sister Niloufer.
|
Later, Shaikh informed the bank that the hard disks of the CCTV recordings were stolen and filed a police complaint regarding the missing cash.
After launching a probe into the case, the police apprehended Shaikh’s three aides and recovered Rs 5 crore in cash from their possession. Eventually, two-and-a-half-month later, the mastermind of the heist, Altaf Shaikh, was detained in Pune on the basis of information provided by the three accused.
The police revealed that Altaf Shaikh had spent three months on the run, changing his appearance and hiding his identity with a burqa. Shaikh’s sister Neelofer, who was aware of his whereabouts, stashed some money at her home. According to authorities, she too has been arrested and charged as a co-accused in the case.
References:
Support Us
Satyagraha was born from the heart of our land, with an undying aim to unveil the true essence of Bharat. It seeks to illuminate the hidden tales of our valiant freedom fighters and the rich chronicles that haven't yet sung their complete melody in the mainstream.
While platforms like NDTV and 'The Wire' effortlessly garner funds under the banner of safeguarding democracy, we at Satyagraha walk a different path. Our strength and resonance come from you. In this journey to weave a stronger Bharat, every little contribution amplifies our voice. Let's come together, contribute as you can, and champion the true spirit of our nation.
ICICI Bank of Satyaagrah | Razorpay Bank of Satyaagrah | PayPal Bank of Satyaagrah - For International Payments |
If all above doesn't work, then try the LINK below:
Please share the article on other platforms
DISCLAIMER: The author is solely responsible for the views expressed in this article. The author carries the responsibility for citing and/or licensing of images utilized within the text. The website also frequently uses non-commercial images for representational purposes only in line with the article. We are not responsible for the authenticity of such images. If some images have a copyright issue, we request the person/entity to contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. and we will take the necessary actions to resolve the issue.
Related Articles
- Delhi HC Justice says, "not that the financial frauds run into thousands of crores, they are just 10-12 crores and she has old parents here": Donation fraud accused Rana Ayyub allowed by HC to travel abroad
- "जालसाज़": Parvez Ahmed, arrested in Bengaluru for aiding a Pakistani preacher's illegal stay in India, helped several Pakistanis obtain fake identities, including passports, voter IDs, and Aadhaar cards, allowing them to pose as Hindus and settle in India
- NMA received outrage from Netizens for asking ASI to remove Ganesh idols from Qutub Minar complex to National Museum as it will remove the big evidence of Islamist vandalism: Ganesha is the prime god of Hinduism
- "Wallah habibi": Thane arrest reveal Wazir Sheikh alias Yusuf Baba and six others trapping women with 'rain of money' promises, using compromising videos for blackmail, this scheme ensnared 17 innocent victims, unveiling a shocking exploitation network
- Heart-wrenching incident in Rajasthan, a young Air Force officer tragically ends his life following a fake rape case by his Muslim friend's wife, was being pressurised by his friend’s family of Mohammad Saeed to embrace Islam & extorting money since 2020
- Post 9/11 discrimination and Islamophobia: all labeled as 'Emotional Truths' were actually fabrications, Meet Hasan Minhaj, the ace comedian and 'victim card' player, who rocked the world with harrowing tales in his comedy—tales that, never truly happened
- "एक चेहरे पर कई चेहरे": 'Nationalist' Aquib Mir, posing as 'Ravi Rajput,' tricked Anna Jain, forced her into a nikah, looted her of 50 lakhs, and beat her daily to wear a hijab; publicly claims secular while privately enforcing strict Islamic practices
- In Uttar Pradesh, Maulana Syed Mohammad Ashraf of Kichhauchha Dargah arrested for raping a female devotee from Mumbai, Known as Shamshad, he preyed upon her fears, promising healing only to betray her trust and gave death threats to her and her family
- Supreme Court stays Allahabad HC order to take over land from Mohammad Ali Jauhar Trust: State Govt of UP allotted 400 acres to the Trust that violated the conditions and built a Mosque instead of a university
- UP Police deployed Bulldozer forced kingpin of a car theft syndicate Nasiruddin to spill out the secrets of his illicit business: Accused revealed all his accomplices Shahid, Riajul, Imran, Furkan, and Armaan