₹400 crore cash containers hijacked at Belagavi–Goa border, multi-state probe underway

Belagavi :In what is being described as one of the biggest robbery cases in the country, two containers allegedly carrying cash worth ₹400 crore from Goa to Maharashtra were hijacked near the Belagavi–Goa border. The sensational crime, which reportedly took place on October 16, 2025, has come to light after a delay of more than three months, sending shockwaves across Karnataka, Goa and Maharashtra.

According to preliminary information, the two containers went missing from the Chorla Ghat stretch on the Belagavi–Goa border while transporting the huge cash consignment. The delayed revelation of the robbery has raised serious questions and suspicions, posing a major challenge for police forces across the three states. The Nashik police have so far arrested four accused in connection with the case, while a manhunt has been launched to trace two more suspects who are currently absconding.

The massive robbery, which allegedly occurred in Belagavi district, has created a major stir in Maharashtra. Police teams from Karnataka, Maharashtra and Goa have intensified search operations to trace the missing containers and recover the cash. Taking the case seriously, Maharashtra Chief Minister Devendra Fadnavis has ordered the formation of a Special Investigation Team (SIT) to probe the incident from all angles. Sources indicate that the stolen money is believed to belong to Maharashtra-based real estate businessman Kishor Sheth, adding another layer of complexity to the investigation.

How the ₹400 crore robbery came to light

The case surfaced following the abduction of a Nashik-based man, Sandeep Patil. Investigators revealed that after the containers were hijacked, associates of businessman Kishor Sheth allegedly abducted Patil at gunpoint, accusing him of being responsible for the robbery. Patil was reportedly held hostage for nearly one-and-a-half months and subjected to severe physical and mental torture.

The abductors allegedly threatened to kill him if the ₹400 crore was not recovered and handed over. Patil managed to escape from captivity and subsequently approached the Nashik police, filing a detailed complaint. In his statement, he mentioned the hijacking of vehicles carrying ₹400 crore in cash, which prompted police to initiate a full-scale investigation.

Based on Patil’s complaint, the Nashik police arrested four accused and are continuing efforts to nab the remaining two suspects. Investigators are also examining the cash movement, security arrangements, and possible involvement of insiders. With the SIT now in place, authorities expect crucial breakthroughs in the coming days as the multi-state investigation gathers momentum.