India, July 21 -- Unidentified individuals allegedly broke into a bungalow in Nigdi Pradhikaran area of Pimpri-Chinchwad, locked up an elderly businessman and four family members of the caretaker in different rooms and fled with valuables worth Rs.6.15 lakh, police said.

The incident took place between 9 pm and 10:30 pm on Saturday at the Chandravile bungalow.

The victim runs an industrial unit in the Chinchwad MIDC area. According to him, a group of five accused, including a woman, entered the caretaker's room at the back side of the bungalow and tied the hands and feet of four members with ropes, and gagged them using tape.

Later they entered the bungalow and threatened the businessman with a firearm, tied his hands and feet and lock...