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Gold Jewellery worth Rs 1.5 Crore missing from SBI Locker in Lucknow

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Gold Jewellery worth approximately Rs 1.5 crore has reportedly gone missing from a locker at the State Bank of India’s Kapurthala branch in Lucknow.

The locker holder, Babita Sinha, a resident of Sopan Enclave in Aliganj, lodged an FIR at Aliganj police station against unknown bank employees. She stated that she had kept jewellery worth around Rs 1.5 crore in the bank locker.

According to Babita Sinha, she visited the bank to check her locker on January 12, only to discover that the jewellery was missing. She immediately reported the matter to the police.

But there is a twist in the case. There is a possibility that this missing gold might have been used to repay the gold loan taken by her husband.

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Police revealed that Babita Sinha’s husband, businessman Rajesh Sinha, who passed away some time ago, had reportedly taken a gold loan. Investigators are examining whether the jewellery was removed from the locker for this purpose.

Meanwhile, Babita Sinha has denied having any information about her husband taking a gold loan. She maintains that the jewellery was intact when it was last stored in the locker. According to her complaint, the locker was jointly held with her late husband.

Aliganj Inspector Ashok Kumar Sonkar said that a case has been registered against unknown persons based on the woman’s complaint. He added that initial investigations have found no signs of tampering with the locker.

Police stated that Rajesh Sinha’s CIBIL records indicate a gold loan transaction. Authorities are now verifying whether the jewellery in question was used as collateral.

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Hellobanker Team

Hellobanker.in is India's leading banking and finance news portal. Our expert team covers banking policies, RBI updates, financial markets, and investment insights.

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