Thieves tunnel 25 feet into bank near Mumbai

The police, who are now probing the matter, said the theft may have been planned over the last five months. They reportedly dug a deep tunnel to reach the lockers of the branch from a rented shop nearby and stole cash and valuables now estimated at roughly Rs 40 lakh to Rs 1.5 crore.

The police said that the stolen goods are mainly gold jewellery but the value is yet to be ascertained.

According to the Newspaper, However, in some cases, consumer courts have ruled in favour of bank customers, who were able to prove there was deficiency in service by the bank. Bank officials and customers were shocked on Monday morning when they discovered that robbers entered the bank by tunneling a hole through the shop next door. The masterminds of the operation had rented a grocery store three shops next to the bank in June this year.

The accused used to sell "farsan" at the shop, but it was closed most of time. According to the police, the accused used plywood and bamboo for support. However, there were hardly any items there...mostly soaps.

Robbers dug a 25-foot tunnel into the locker room of a bank in Navi Mumbai, broke into 30 vaults and stole valuables worth Rs 40 lakh between Saturday and Sunday, PTI reported on Tuesday.

Five months, a 30-ft-long tunnel and one smart heist - this is how the police summed up the break-in at Bank of Baroda's Sanpada branch. "The valuation of the total loot is yet to be done", Police Commissioner Hemant Nagrale said. "Some leads are there and our teams are working on these". "How could they go ahead with such an act in an area that witnesses constant police patrolling", said Kunal Patil, 44, another resident of the area. "Once all the statements are recorded, we will get clarity on the amount that has been looted".