Daring Heist: Rs 1 Crore Worth of Silver Stolen in Ranchhod Nagar

A theft involving 120 kg of silver jewellery, valued at Rs 1 crore, occurred in Ranchhod Nagar. Complainant Atul Busa had stored the silver at his friend's house. CCTV footage captured three suspects leaving in a car. Silver prices have been rising significantly in recent months.


Devdiscourse News Desk | Rajkot | Updated: 04-02-2026 19:04 IST | Created: 04-02-2026 19:04 IST
Daring Heist: Rs 1 Crore Worth of Silver Stolen in Ranchhod Nagar
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Early Wednesday, a brazen theft rocked Ranchhod Nagar as nearly 120 kg of silver jewellery, valued at Rs 1 crore, was stolen, police have revealed.

Atul Busa, the victim and a silver trader, reported that he had stored the silver at a friend, Bipinbhai's residence. The theft was discovered upon his friend's alert.

CCTV footage reportedly shows three men entering the house around 2:30 am and leaving with bags in a car. This incident coincides with a noticeable surge in global silver prices.

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