Jeypore: In a shocking dacoity, five armed miscreants looted Rs 25 lakh cash and over 400 grams of gold jewellery from a house in Lingaraj Nagar under Jeypore town in Koraput district on Friday night.
The victim has been identified as Satyanarayan Dalei.
According to reports, the incident took place late on Friday when the miscreants knocked at Dalei’s door. As soon as he opened it, they overpowered him, tied his hands and legs and barged into the house. They then held the entire family hostage at sword point.
Armed with sharp weapons, they threatened the family members and ransacked the house for nearly four hours before fleeing with Rs 25 lakh and more than 400 grams of gold worth Rs 1 crore.
The family suspects that the robbers had done a recce of the locality before committing the crime. Meanwhile, locals have alleged lack of police patrolling in the area, which emboldened the criminals.
Police have started an investigation into the incident. Further details are awaited.
