₹5 cr robbed from Surat man trying to turn his money white

Updated: Sep 21st, 2024


An old industrialist in Surat, who was trying to convert ₹5 cr into white money to buy machines, was robbed in broad daylight.

According to information received from police sources about the incident, Harish Vankawala, a 60-year-old industrialist living in Shanti Palace society behind Surat’s Rander Road near Navyug College, wanted to convert his ₹5 crore that he had acquired by selling the land two years ago.

His friend from Mumbai gave him the reference of 73-year-old Srikant Joshi and Shailendra Singh to convert his money with a 5% commission.

On September 20, around 2.15 pm, Harish took Shrikant in his car near the Shanti Palace society.

After seeing the money, Shailendra Singh assured Harish of converting the money and transferring it through RTGS.

At that moment, an Innova car came, took the money from Harish’s car, and drove off the car, taking along Shrikant and Sailendra with them.

Harish informed the police about the incident. From a call received from Shrikant, the police got to know that the robbers were heading towards Mumbai.

The Valsad LCB intercepted Shailendra Singh and another person from Palsana in Valsad and seized the cash from them.

Currently, the police are interrogating them and investigating the involvement of Srikant Joshi and Shailendra Singh.

Gujarat