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Student gets four months' jail for theft of four gold bars

Published on Aug 2, 2014 7:25 AM
A student was jailed for four months for stealing four gold bars.  -- PHOTO: ST FILE 

After commiserating with one another about their lack of money following a clubbing session, three friends decided to steal some gold.

They hammered out a plan and executed it the next afternoon at a goldsmith shop in Yishun, making off with four gold bars worth $14,775.

The loot was sold off and the proceeds either spent on mobile phones or kept.

Yesterday, Sivasakthi Kumaran Nagarajan, 22, who had picked the shop along Yishun Central 1, was sentenced to four months in prison after pleading guilty to theft in dwelling on July 4 at around 2.15pm.

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