The Chamarajapet police have arrested a gang of three who robbed a jewellery shop and made away with 8 kg of silver biscuits and cash ₹3.3 lakh, worth about ₹9 lakh on Sunday.
Within four hours of the robbery being reported on Sunday morning, police arrested Rahul Jain and his associates, Rajesh and Madhu. According to the police, Rahul Jain was working as salesman in the jewellery shop owned by Uttam Jain. Rahul also owned a ready made garment shop in Sudduguntepalya.
Due to his lavish lifestyle, Rahul incurred huge loss and he planned to rob the gold shop to recover the loss. As per the plan, he roped his associates Rajesh and Madhu and the trio came to the shop on Saturday night in a car.