Feature
Read why three men robes lakhs rupees in coins from bank?
New Delhi: It may sound weird but it’s true when a group of three men stole lakhs of rupees from bank only in coins. After taking seriously rumors that a chip was installed in currency notes after demonetization that enabled them to be tracked.
The three friends, who worked at the Delhi Transport Corporation bus depot where the bank is located, told the police that they had planned to sneak away only with the coins to avoid getting tracked down, if what they had heard about the notes was true.
They were arrested on Tuesday evening, 12 hours after they robbed the Syndicate Bank branch in north Delhi’s Mukherjee Nagar. Police found from them coins of Rs 5 and Rs 10 amounting to Rs 2.3 lakh stolen from the bank in 46 polythene bags.
“They have said that stealing banknotes, especially the Rs 2000 notes, was not their plan at all as they believed that notes could be tracked through chips or GPS after demonetisation. So, they decided to steal all the coins instead,” a police official said.
They also thought coins would be easier to use as shops and money exchangers might accept them without suspicion.The three men, worked as cleaners and storekeepers at the depot where they had joined only a month ago.
They told the police they thought of robbing a bank after watching a series of crime thrillers and heist films. They gained entry into the bank from a window. They had cut out the grille of the window using equipment available at the depot workshop.
A bank employee had noticed the window when he came to work that morning. That’s when the bank staff realized there had been a break-in and all coins of Rs 5 and Rs 10 were missing.
Milind Dumbere, DCP (northwest), said that CCTV cameras had captured two masked men. One of them had an ‘R’ tattoo on his left wrist. “With only that clue, we began our probe. Since the entry into the bank was from the premises of the bus depot, we decided to begin by questioning the maintenance staff,” said Dumbere.
Success followed when the police found Rahul, a 21-year-old bus cleaner, with a similar tattoo on his wrist. He led them to his two accomplices, Rahul and Anuj. All of them belong to Muzaffarnagar in Uttar Pradesh.
A DTC spokesperson told media that the accused were not employees of the corporation. “They were hired by the manufacturer responsible for maintaining our buses. However, we are planning to issue a letter of caution to all depots to create deterrence and prevent such incidents,” a DTC spokesperson said.
The State Scores Extra High on Gaming-Friendly Industry Index
Meghalaya scored 92.85 out of 100 possible points in a Gaming Industry Index and proved to be India’s most gaming-friendly state following its recent profound legislation changes over the field allowing land-based and online gaming, including games of chance, under a licensing regime.
The index by the UK India Business Council (UKIBC) uses a scale of 0 to 100 to measure the level of legalisation on gambling and betting achieved by a state based on the scores over a set of seven different games – lottery, horse racing, betting on sports, poker, rummy, casino and fantasy sports
Starting from February last year, Meghalaya became the third state in India’s northeast to legalise gambling and betting after Sikkim and Nagaland. After consultations with the UKIBC, the state proceeded with the adoption of the Meghalaya Regulation of Gaming Act, 2021 and the nullification of the Meghalaya Prevention of Gambling Act, 1970. Subsequently in December, the Meghalaya Regulation of Gaming Rules, 2021 were notified and came into force.
All for the Tourists
The move to legalise and license various forms of offline and online betting and gambling in Meghalaya is aimed at boosting tourism and creating jobs, and altogether raising taxation revenues for the northeastern state. At the same time, the opportunities to bet and gamble legally will be reserved only for tourists and visitors.
“We came out with a Gaming Act and subsequently framed the Regulation of Gaming Rules, 2021. The government will accordingly issue licenses to operate games of skill and chance, both online and offline,” said James P. K. Sangma, Meghalaya State Law and Taxation Minister speaking in the capital city of Shillong. “But the legalized gambling and gaming will only be for tourists and not residents of Meghalaya,” he continued.
To be allowed to play, tourists and people visiting the state for work or business purposes will have to prove their non-resident status by presenting appropriate documents, in a process similar to a bank KYC (Know Your Customer) procedure.
Meghalaya Reaches Out to a Vast Market
With 140 millions of people in India estimated to bet regularly on sports, and a total of 370 million desi bettors around prominent sporting events, as per data from one of the latest reports by Esse N Videri, Meghalaya is set to reach out and take a piece of a vast market.
Estimates on the financial value of India’s sports betting market, combined across all types of offline channels and online sports and cricket predictions and betting platforms, speak about amounts between $130 and $150 billion (roughly between ₹9.7 and ₹11.5 lakh crore).
Andhra Pradesh, Telangana and Delhi are shown to deliver the highest number of bettors and Meghalaya can count on substantial tourists flow from their betting circles. The sports betting communities of Karnataka, Maharashtra, Uttar Pradesh and Haryana are also not to be underestimated.
Among the sports, cricket is most popular, registering 68 percent of the total bet count analyzed by Esse N Videri. Football takes second position with 11 percent of the bets, followed by betting on FIFA at 7 percent and on eCricket at 5 percent. The last position in the Top 5 of popular sports for betting in India is taken by tennis with 3 percent of the bet count.
Local Citizens will Still have Their Teer Betting
Meghalaya residents will still be permitted to participate in teer betting over arrow-shooting results. Teer is a traditional method of gambling, somewhat similar to a lottery draw, and held under the rules of the Meghalaya Regulation of the Game of Arrow Shooting and the Sale of Teer Tickets Act, 2018.
Teer includes bettors wagering on the number of arrows that reach the target which is placed about 50 meters away from a team of 20 archers positioned in a semicircle.
The archers shoot volleys of arrows at the target for ten minutes, and players place their bets choosing a number between 0 and 99 trying to guess the last two digits of the number of arrows that successfully pierce the target.
If, for example, the number of hits is 256, anyone who has bet on 56 wins an amount eight times bigger than their wager.
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