Staffers at Siddapura police station in Bengaluru are eagerly awaiting Tuesday, when a local court is expected to order the return of Rs 7.1 crore recovered in a sensational armed dacoity case to its rightful owner, CMS Info Systems.
For nearly seven months, the cash recovered intact from the accused has remained under tight security at the police station, placing an unusual responsibility on the force. A senior police officer stated, “Since the recovery made in November last year, the cash was kept secure inside a locked steel almirah. As a precautionary measure, no outsiders, not even other staffers from our station, were allowed into the room. It was guarded round-the-clock by armed police constables working in shifts. In every meeting, senior IPS officers would inquire about it.”
The money was recovered following an extensive investigation into the November 19, 2025, heist, in which a gang intercepted a CMS cash van carrying Rs 7.1 crore along the Ashoka Pillar–Jayanagar–Dairy Circle route. According to police, the accused arrived in an SUV bearing a fake “Govt of India” sticker and posed as RBI officials conducting a routine verification check. The gang allegedly forced the van staff out, transferred the cash boxes into their vehicle, abandoned the employees near the Dairy Circle flyover, and fled.
Siddapura police arrested nine individuals: J Xavier, a former CMS employee; Annappa Naik, a suspended police constable; Gopal Prasad, a CMS fleet supervisor who planned the heist; and Ravi, his brother Rakesh, Naveen, Nelson, Dinesh, and Jinesh, who executed the plan. Investigators later recovered the entire stolen amount from hideouts across Bengaluru, Chittoor, Tirupati, Hyderabad, and Chennai.
On November 19, 2025, around 12:40 pm, the gang intercepted the CMS cash van. They forced the crew out, transferred the cash boxes, and fled, later stashing the money across multiple hideouts before police tracked and recovered the entire Rs 7.1 crore.
Police have since filed a comprehensive 1,328-page chargesheet detailing the alleged conspiracy, execution of the robbery, and the recovery operation.
