Unknown gunmen loot JK Bank in South Kashmir

Unrest in J&K over last one year declines economic and credit growth

Gunmen wearing burqa, a head-to-toe veil worn by women, raided a bank and looted ₹5 lakh cash in Anantnag's Arwani area on Monday.

Police said Hizb-ul-Mujahideen militants barged into J&K Bank branch Arwani in Bijbehara, the home town of Chief Minister Mehbooba Mufti, in the afternoon and looted Rs 5.20 lakh.

Militants resort to looting banks in the Valley to fund their operations. "We are investigating the matter", said the police.

"Further investigations are going on", he added.

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During the initial investigation and with the help of CCTV footage, it was found that HM militants are involved in this crime.

South Kashmir comprising four districts of Anantnag, Pulwama, Kulgam and Shopian was the epicenter of the over five month long unrest in the Valley previous year following killing of Hizbul Mujahideen commander Burhan Wani on July 8, 2016.

The Jammu and Kashmir Police had earlier this month arrested a native from Uttar Pradesh, who was identified as Sandeep Kumar Sharma.

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