Earlier this month, four men attempted to rob a branch of Muthoot Finance in Hyderabad.

Failed Muthoot heist Hyderabad police arrest two accused in MaharashtraScreenshot of the CCTV footage
news Crime Saturday, July 15, 2017 - 07:46

The special team of the Cyberabad police arrested two people from Osmanbad in Maharashra, days after their failed attempt to rob a branch of Muthoot Finance in Mailardevpally in Hyderabad.

The Times of India reported that the investigators had been working on various leads, and nabbed the accused based on evidence, which they left inside the abandoned Tavera vehicle at Uperpally.

The report added that the police recovered a cover in which `Veersavarkar Chowk, Osmanabad' had been imprinted, which led them to the duo.

“We are questioning them for more details regarding the gang and their operations and also about the absconding members. We will soon catch them also,” a senior official told Deccan Chronicle, adding that it could have been an interstate gang.

Earlier this month, four men attempted to rob the Mailardevpally branch of Muthoot Finance.

CCTV footage of the incident showed one man jump over the counter to threaten employees with a knife, while two others were armed with guns.

However, alert employees immediately raised a ruckus and hit the alarm. The armed robbers then fled in a car driven by a fifth accomplice.

The incident occurred at around 10 am. Hours after the failed robbery attempt, the Cyberabad police launched a manhunt for the suspects in a residential neighbourhood in the city.

Even teams from the elite counter-terrorism unit Octopus force were roped in for the search operation that began in the evening and lasted till around 3am the next morning.

After obtaining forensic evidence and CCTV footage from the crime scene, the police tracked the getaway vehicle of the suspects to 'Happy Homes' apartment in Attapur.

The SUV that was supposed to be used as the getaway car, was also found in the parking lot of the apartment.

"We found small weapons like knives, and a large empty bag. We suspect that they wanted to use it to stash the gold and flee after the robbery attempt. According to the CCTV visuals, two of them seem to have a pistol. We have confirmed that this is the escape vehicle they used," an official told the media after the search operation.