Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Flop venture: Businessman loots same banks from where he had taken loans to repay 

Post News Network
Updated: October 5th, 2020, 16:27 IST
in Metro, Top Stories
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar: Police arrested Soumya Ranjan Jena here Monday for looting two banks in the state capital. Incidentally, he looted the same banks from where he had taken loans to start his business. The accused has confessed to the crime, police said. They informed that Jena had looted the banks to repay his loans.

Police Commissioner Sudhanshu Sarangi at a press conference said Monday that the accused has confessed to his crime. He informed that Jena had taken loans to the tune of Rs 19 lakh to start a business after passing out of college earlier this year. He had taken the loans from Bank of India (Barimunda branch) in Mancheswar area and Indian Overseas Bank (IOB) in Infocity locality.

Also Read

Rourkela

Hit by train, tusker dies in Odisha

12 hours ago
OP Pic

Odisha: Security guard ‘jumps to death’ at Nuapada DHH over ‘salary delay’

13 hours ago

However, Jena’s attempts to start a business fizzled out due to the lockdown implemented to prevent the spread of coronavirus and the subsequent restrictions that followed.

Unable to repay the loans, Jena was in a fix. To add to his problems were constant calls from the banks to pay the installments. Unable to meet the requirements, Jena decided to loot the two banks from those he had taken loans from, said Sarangi.

Being an educated guy, Jena planned his actions in a very meticulous manner. He watched various programmes on YouTube and television to understand the modus operandi of looting banks. Among the programmes he followed on TV were ‘Crime Patrol’ and ‘Savdhaan India’. He also carried out a recce of the localities where the banks are situated.

Jena then bought two toy guns and swung into action. First he decamped with Rs 2.80 lakh from IOB September 7 and then September 28, he looted Rs 10 lakh from the BOI.

“We were completely in the dark initially as in such cases it is criminals from outside Odisha that are involved in bank loot cases. Also Jena did not have any criminal background. So it was difficult for us to identify him,” said Sarangi.

“In the CCTV footage from both banks we saw only a single person involved in the loot. He was wearing a black dress, gloves, mask and helmets. So it was difficult to identify the accused. However, we managed to solve the case as the accused was addressing the people in Odia. Usually that never happens. It led us to believe that someone local had committed the burglary and that is how the police managed to nab Jena,” added Sarangi.

Sarangi also stated that police have recovered Rs 10 lakh from the accused.

PNN

Tags: Bank of IndiaBhubaneswar loot caseCommissionerate policeIndian Overseas BankLockdownPolice Commissioner Sudhanshu Sarangi
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019

Archives

Editorial

Trump’s Bomb

November 3, 2025

In a move that has stunned world leaders and alarmed non-proliferation experts, US President Donald Trump announced that he has...

Read moreDetails

Hollow Promises

Aakar Patel
November 2, 2025

Aakar Patel I walk out of my house and onto the street and look around. Not much is different from...

Read moreDetails

Bleeding Talent

Power of Continuity
November 1, 2025

Syed Ali Murtaza Rizvi’s decision to hang up his boots eight years ahead of time has clearly rattled the Telangana...

Read moreDetails

The Global Polytunity

October 31, 2025

By Yuen Yuen Ang Conflicts, trade wars, inequality, and democratic decay fill today’s headlines. Each crisis appears to be feeding...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST