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Cops recovered 791.510 grams of gold and 499.260 grams of silver from the accused. Two other accused are currently absconding.
It is said that the gang had stolen 3.25 kgs of gold, 12 kg of silver, and 30 lakhs in cash from the house of Srinivas, the owner of Srinidhi Distributors in T Narasipura.
During the investigation, police found that the gang is also involved in thefts that occurred in Gadag, Bailahongala and Nippani.