Mon Jun 02 21:04:00 UTC 2025: Here’s a summary and a news article based on the provided text:

**Summary:**

A significant bank robbery occurred at a Canara Bank branch in Managuli town, Vijayapura district, Karnataka, India. Thieves stole over ₹53 crore worth of gold jewelry and cash on May 25th. Police suspect a group of 6-8 individuals used a duplicate key to bypass security and are focusing on suspects with inside knowledge of the bank. An attempt to mislead investigators by staging a scene suggesting black magic was also present at the scene.

**News Article:**

**Massive Bank Heist in Karnataka: Gold and Cash Worth Over ₹53 Crore Stolen**

**Belagavi, Karnataka – June 3, 2025:** A brazen bank robbery at a Canara Bank branch in Managuli town, Vijayapura district, has resulted in the theft of valuables worth over ₹53 crore (approximately $6.3 million USD). Authorities are investigating after 58 kg 975 grams of gold jewellery and ₹5.20 lakh in cash were discovered missing on May 25th.

Superintendent of Police (SP) Laxman Nimbaragi has formed eight teams to investigate the high-stakes crime. Preliminary investigations suggest a group of six to eight individuals gained entry by breaking the bank’s entrance lock. They then disabled the alarm system and used what police believe was a duplicate key to access the bank’s locker.

“We have uncovered several facts and got important clues,” SP Nimbaragi stated. He also confirmed that only one gold locker was accessed while another was left untouched, leading investigators to believe the perpetrators possessed detailed knowledge of the bank’s layout and security protocols.

Adding a bizarre twist to the case, police found evidence of an attempt to mislead the investigation. “The bank window was broken, and a black doll was worshipped to create an impression of black magic,” the SP explained, suggesting a deliberate effort to divert attention away from the actual methods used.

Police are focusing their investigation on individuals who may have had inside knowledge of the bank’s operations and security. The investigation is ongoing.

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