Two people, including an assistant branch head of a gold finance company, were arrested in connection with a gold heist worth Rs 5.5 crores in Madhya Pradesh’s Gwalior district, an official said on Tuesday.

The accused has been identified as Vikas Kumar, a resident of Bharatpur, Rajasthan, and his father, Mahesh Chand. The accused Vikas, who was the assistant branch head of the company at Dabra, replaced the original gold with duplicate gold and escaped. He also resigned from the company, citing his father’s health conditions, the officer added.

“An area manager of a non-banking financial company has reported that around 4.38 Kg of gold from the Dabra branch is missing. The area manager became aware of the missing gold after an audit was conducted on September 24. It was a serious matter

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