A major gold theft was reported at a newly opened Tanishq jewellery showroom at Palanganatham in Madurai late on Wednesday night, November 11. Police said CCTV footage showed a lone suspect entering the building through a lift passage from the top floor, and that the theft came to light late that night.

Source: Times of India (Nov 12)

The showroom, on the Madurai Bypass Road, had opened only days earlier — reports put it at roughly 10 to 15 days, before a formal inauguration. Police said the exact quantity and value of the missing gold are yet to be confirmed.

Source: Times of India (Nov 12)

Madurai City Police Commissioner Rajendran said approximately 30 per cent of the total gold jewellery stocked at the showroom had been stolen. Personnel from SS Colony police station rushed to the spot and began an investigation, with forensic experts and a sniffer dog examining the premises for clues.

Source: Saptashwa TV (Nov 12)

What is solid

  • A major gold theft was reported at the newly opened Tanishq showroom on Madurai's Bypass Road on the night of November 11
  • Police said CCTV footage showed entry through a lift passage, and forensic teams examined the premises
  • The City Police Commissioner said about 30 per cent of the showroom's gold stock was taken
  • Police have not officially confirmed the exact quantity or value of the stolen gold

What is only claimed

  • The exact weight stolen — published estimates range from about 500 sovereigns (roughly 4 kg) to 15–20 kg and up to 25 kg
  • The value — published estimates range from about Rs 25 crore to Rs 50 crore
  • The number of intruders — some reports describe a lone masked suspect, others describe three masked men

Police said they are examining CCTV footage to establish the sequence of events and identify the suspect. No arrest had been reported in the accounts published on November 12, and the investigation is continuing.

Source: Times of India (Nov 12)