Quick Summary
- A three-member gang has been arrested in sangareddy district, Telangana, for stealing palladium carbon, a valuable chemical used as a mild hydrogenation catalyst.
- Approximately 38 kilograms, worth ₹1.52 crore, were recovered during the operation led by CCS Sangareddy and IDA Bollaram Police on wednesday morning (July 23).
- Arrested individuals are Amol Bapu Jagade (29), Ravindra Bhagwan (29), and Ganesh Mahadev Rathod (28), all hailing from Maharashtra; prime accused Sambashivudu remains at large.
- The gang is linked to multiple thefts over the years:
– 127.35 kg of palladium stolen earlier this year from Sadashivpet Areen Life Sciences.
– 6.11 kg stolen from Rampex Labs in December 2024 and other smaller quantities across India.
– Theft operations spanned Karnataka,Maharashtra,Gujarat.
- Sambashivudu significantly aided theft planning using insider knowledge gained through employment in pharmaceutical companies before switching to criminal activity.
!