1.5 Crore Jewelry Vanishes from SBI Locker in Lucknow; Police Probe Gold Loan Angle

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News18•16-01-2026, 15:55
1.5 Crore Jewelry Vanishes from SBI Locker in Lucknow; Police Probe Gold Loan Angle
- •Jewelry worth 1.5 crore rupees reported missing from a locker at State Bank of India's Kapoorthala branch in Lucknow.
- •Locker owner Babita Sinha filed an FIR at Aliganj police station against unknown bank employees.
- •Police are investigating if the jewelry was removed due to a gold loan taken by Babita's recently deceased husband, Rajesh Sinha.
- •Babita Sinha denies knowledge of any gold loan, stating the jewelry was present during her last locker visit.
- •CIBIL records of Rajesh Sinha are being scrutinized for gold loan transactions; no signs of locker tampering found.
Why It Matters: A 1.5 crore jewelry theft from an SBI locker in Lucknow prompts a police investigation into a potential gold loan link.
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