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Police have recovered some $18M of the over $50M in gold and cash that was stolen last week when bandits raided a Gordon Street, Kitty business.
In a statement Sunday police said subsequent to the robbery under arms which occurred on 2021-08-05 at Wallison Enterprise of Gordon Street Kitty, police have, so far, recovered $18M which was found buried at the residence of one of the suspects.
The suspect along with others, remain in custody as further investigations are being conducted.
Bandits Thursday last robbed the business place of millions in cash and gold.
In a press release police said three unidentified males wearing face masks and armed with handguns carried out the daring robbery.
They escaped with: one cellular phone valued $300,000; $38M cash and Sixty onuces of raw gold valued $20M as well as another cellphone valued $60,000.
Police investigations revealed that around 10:05hr the victims were at work, when the three suspects came with a white car and parked same north of the building and entered the compound, through the main gate, after indicating to the security guard that they were there to sell gold.
Immediately after they drew their firearms from their pants waist pointed it at her and ordered her into an office where the money and gold were secured. At the time the other victim and another man were in the said office and they were held at gun point.
The suspects then ordered the victims to open the two (2) metal safes after which they handcuffed the victims with plastic straps.
They then took away the victims phones, monies and gold mentioned after which they locked the victims into one of the office and made good their escape.
The cashier raised an alarm, after which the security immediately went to her rescue and kicked opened the office door.
Investigations continue.