In a daring late-night theft, miscreants broke into the State Bank of India branch in Nyamati, Davanagere, stealing gold jewelry valued at ₹12.95 crore. The thieves used a gas cutter to access one locker, evading security by disabling CCTV and alarms. They also sprayed chili powder to mislead police dogs. Investigators are on the case, highlighting security lapses, including the absence of night guards.