Hyderabad software professional steals Rs 2 crore Porsche sports car, arrested

Quick action by Hyderabad Police helped to nab the thief of a Rs 2 crore Porsche Cayman 718 sports car after it went missing from a hotel's parking lot. The owner of the sportscar informed the security guards after he found that car missing from the parking lot, who reviewed the CCTV footage captured at the scene. In the recorded footage, an unidentified individual was seen seated inside the luxurious sports car, calmly driving it away, leaving the owner both alarmed and frustrated.

The Hyderabad Police later nabbed a software engineer in connection with the stolen Porsche Cayman 718, Times of India reported. According to the police, the suspect not only claimed ownership of the stolen vehicle but also resorted to a bizarre tactic by invoking the names of influential individuals, including a state cabinet minister, a prominent industrialist, and a well-known film actor, in an attempt to intimidate the police.

According to the police, the suspect stumbled upon the striking red Porsche parked at the hotel in Madhapur after coming to the hotel on a motorcycle. Finding the car's door to be unlocked, with the key placed inside, he couldn't resist the temptation to slide behind the wheel of the sports car and drive away in it. To make matters worse, the Jubilee Hills police department revealed that he had a history of criminal activities, making this incident part of a pattern of wrongdoing for him.


The subsequent investigation unfolded rapidly, with law enforcement swiftly locating the stolen Porsche as it roamed through the neighborhoods of Madhapur and Jubilee Hills. The authorities acted promptly, intercepting the vehicle at KBR Park Junction with the assistance of traffic police.

When the police nabbed him, he claimed that the Porsche belonged to him. The police later arrested him after finding the details from his motorcycle abandoned at the hotel. It was later learnt that Kiran had worked with top software firms in Hyderabad and had substantial income, making his inexplicable actions all the more confounding.