They have arrested the driver and his two accomplices, of whom one is a former driver with the same security firm.
Investigations by cops reveal that the current driver and the former driver of the firm Scientific Security Cash Management Services Private Limited hatched the conspiracy to get away with cash two weeks before the incident.
The arrested accused have been identified as Pramod Baban Ingale alias Balu (28) of Warje Malwadi, Sandip Satish Kadam (28) and Santosh Yadavrao Somatkar (31), both residents of Warje.
After ten days of a massive manhunt, a team led by assistant police inspector Praveen Khanapure of Lonikand police station traced Ingale and his two accomplices to Goa, where they were holidaying on the beach.
Police have recovered Rs 1.1 crore from the accused and have booked them under relevant sections of the IPC.
Four loot cash, gold worth
Rs 16 lakh from jeweller’s home Four unidentified people barged into a jeweller’s house in Hadapsar yesterday morning and, by threatening the family members, decamped with valuables and cash worth Rs 16.41 lakh. Police said the incident took place around 6 am, when the four ‘well-built’ men entered into the house of Prasad Manikrao Havaldar (40), a resident of Mahadeonagar on Manjari road in Hadapsar. They threatened the residents with a gun and grabbed the loot. Hadapsar police is investigating the case.