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The theft took place when the owners were away in Madurai in Tamil Nadu to attend a marriage ceremony.
The burglary came to light when the residents returned home on Sunday night and found the valuables stored in the locker missing, they said.
Police sources said the residents had been away from the house since November 19.
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One of the relatives of the family told the media that money, gold and other valuables were kept locked in a cupboard and its key was kept in another room.
A police team and fingerprint experts reached the house and collected evidence and a widespread search was launched to nab the accused.