The Twin City Commissionerate police have cracked the sensational Cuttack IIFL company robbery case within a week of the incident, informed Minister of State for Home Dibya Shankar Mishra in the State Assembly on Tuesday.The process for recovery of the looted valuables was underway, he added. Commissioner of Police Sudhanshu Sarangi told reporters that police officers led by the Cuttack DCP solved the loot case. All accused have been detained while two motorcycles and substantial quantities of gold were recovered from their possession, he said.Sarangi said an employee of the company was the mastermind behind the loot. The staffer Lala Amrit Ray orchestrated the robbery.

There is no evidence of the loot as the CCTV cameras were not working. While the alarm system was defunct, the armed security guard had gone on leave for over two weeks, said Sarangi.

Four persons Raj Kishore Sahu, Prakash Sahu, Pradipta Behera and Santosh Bhoi have been arrested in the case while two kg gold ornaments and two motorcycles have been seized from their possession. Santosh Bhoi is a friend of Lala Amrit Ray, he said.

Several employees have embezzled money and gold from the company, he added. “I feel proud of my officers that they could solve one of the most sensational robbery cases in Odisha’s history in record time,” said Sarangi.

Notably, armed miscreants had on November 19 looted gold ornaments worth around Rs 10 crore and cash of Rs 4.30 lakh from the office of IIFL finance company located at Nayasarak market in Cuttack.

The robbers wearing helmets threatened the office staffers at gunpoint and forced them to open the strong room, after which they decamped with the cash and gold ornaments.