Thieves decamped with gold and diamond jewelry worth Rs 75 lakh following a theft in Jubilee Hills on Sunday, March 9.

The theft occurred at a businessman’s house on Road Number 22 of Jubilee Hills. The victim was identified as GV Shekhar Reddy, who owns a real estate business. At the time of the incident, Reddy and his family attended a wedding.

As the family returned, they found the almirah open and the ornaments missing. The thieves also took some foreign currency along. Based on complaint, the Jubilee Hills police registered a case and an investigation has been launched.