Karachi Sees Year’s Biggest Heist as Rs30 Billion Cash Van Robbery Exposes Inside Collusion

In what is being described as the largest robbery of the year in Karachi, armed suspects looted Rs300 million (30 crore) from a security company’s cash van in the city’s Federal B Area, while CCTV footage has revealed what investigators say was a carefully planned operation involving insiders.

According to police, the cash van had departed from Tariq Road carrying a large sum of money destined for a private bank. However, upon reaching Rizwan Park in Block 16 of Federal B Area, the vehicle stopped under the pretext of a tea break.

SSP Central Dr. Imran Khan said the stop appeared to be part of a pre-arranged plan. CCTV footage shows a black pickup truck arriving behind the cash van, after which four armed men disembarked and approached the vehicle.

Investigators say the footage clearly indicates collusion between the robbers and members of the cash van crew. The van’s rear door had reportedly been opened before the suspects arrived, allowing them easy access.

Additional footage shows the cash van following the black pickup into a nearby alley, where the stolen cash bags were transferred to another vehicle. Authorities allege that the security company’s chief crew member, identified as Wajid, personally provided the robbers with the locker keys and assisted in the transfer of the money.

Police said that after the cash was moved, the suspects fled the scene along with Wajid, who is now considered a key suspect in the case.

Following the robbery, police officials and forensic teams reached the scene to collect evidence and review surveillance footage from surrounding areas. Special investigation teams have been formed to identify and arrest all individuals involved.

SSP Central Dr. Imran Khan stated that the available evidence strongly points to insider involvement and expressed confidence that the suspects would soon be brought to justice.

The dramatic heist has raised serious concerns about security procedures within private cash transportation services and has sparked renewed debate over internal oversight and accountability in the sector.