A gang of around eight armed dacoits struck a house in Bhagatnagar in Karimnagar shortly after midnight on Tuesday, assaulted two inmates at knifepoint and fled with 66 tolas of gold, 10 tolas of silver ornaments and ₹21 lakh in cash.

The assailants allegedly attacked the elderly man Azmath Ali and his wife with the butt of a dummy gun, gagged them with tape and tied their hands and legs. They allegedly threatened two other inmates with knives before fleeing with the booty on two motorcycles belonging to neighbours, which were parked in front of the house. The elderly couple suffered minor injuries.

The dacoits reportedly gained entry into the house of Azmath Ali when he stepped out to switch off a light in the corridor on the second floor around 12.30 a.m. They locked the door from outside before fleeing. Sources close to the family suspected the ‘involvement’ of persons known to the family in the dacoity. The assailants reportedly conversed in Hindi with a North Indian accent during the incident.

Karimnagar Police Commissioner Gaush Alam inspected the scene of crime. Multiple police teams are working to trace the culprits with the help of CCTV footage. The incident comes less than three months after an armed robbery at a PMJ Jewellers showroom in Karimnagar, allegedly involving a Bihar-based gang. The alleged mastermind and other accused in the sensational armed robbery case have already been arrested.

Published - July 22, 2026 10:10 pm IST