Cash, Rs210m worth gold stolen in Peshawar bank heist

Published March 23, 2026
A file photo of gold jewellery. — Dawn
A file photo of gold jewellery. — Dawn

PESHAWAR: Robbers broke into a National Bank branch on the eve of Eidul Fitr, exploiting a lack of overnight security to steal more than one million rupees in cash and jewellery worth Rs210 million, police said.

The incident occurred on Friday night at a National Bank branch on Kohat Road. The robbers entered the facility from an open area at the back, using cutters and other tools to break in.

Police said that with no guard on duty due to a “no security shift policy at night”, the robbers were able to steal Rs1.37m in cash from the registers.

“They broke lockers and stole around 400 tolas of gold from safety lockers,” a police official said, adding that a gas cylinder was also used to cut through steel. The total value of the stolen jewellery was estimated at Rs 210m.

Police pore over CCTV for clues, launch raids in different districts

Peshawar police spokesperson Alam Khan said a special investigation team has been formed to probe the robbery. Raids were being carried out in the districts of Khyber, Kohat, and Kurram, as well as in the capital, Islamabad, he said.

Investigators are obtaining CCTV footage from cameras installed in buildings around the bank and from the city’s Safe City Project to identify and arrest the suspects, Mr Khan said.

The heist is the second major bank robbery incident in the provincial capital in less than 15 days.

On March 6, police thwarted a robbery attempt at a private bank in the Pirbala area, which resulted in an exchange of fire that injured three officers. One of the policemen later died from his injuries.

A series of bank robberies has been reported across the region in recent years. In March 2024, an armed group looted a cash van in the Nishtarabad area. In Oct 2022, robbers looted over Rs10m from a private bank in Lakki Marwat city in broad daylight.

Published in Dawn, March 23rd, 2026

Opinion

Trouble at home

Trouble at home

The country’s strength lies in its political and economic stability, not in fleeting moments of diplomatic success.

Editorial

Pezeshkian’s visit
Updated 24 Jun, 2026

Pezeshkian’s visit

Perhaps a good place to start would be the resumption of work on the Iran-Pakistan gas pipeline.
Telecom bill
24 Jun, 2026

Telecom bill

THERE is now no question about it: the Pakistan Telecommunication (Re-organisation) (Amendment) Bill of 2026 is a...
Updating Islamabad
24 Jun, 2026

Updating Islamabad

ISLAMABAD is growing rapidly. Its planning, however, remains stuck in bureaucratic limbo. Despite years of ...
Unsustainable growth
Updated 23 Jun, 2026

Unsustainable growth

CLICHÉS are an essential part of political rhetoric. But when repeated often, they lose their impact. So when...
Banned speeches
23 Jun, 2026

Banned speeches

NATIONAL Assembly Speaker Ayaz Sadiq on Sunday formally lifted long-standing restrictions on the airing of ...
New GB government
23 Jun, 2026

New GB government

WITH the newly elected lawmakers of the Gilgit-Baltistan Assembly taking oath on Monday, the PPP looks set to head...