India, June 9 -- Mounting losses in the share market and the need to arrange money for pending immigration and property disputes allegedly drove a Ludhiana businessman and his two sons to plan and execute a jewellery store robbery in the city's ATI area last month, police said on Monday.

The accused - Harwinder Singh, 46, who runs a sewing machine parts manufacturing unit, and his sons Sardool Singh, 26, a travel agent, and Gurjeet Singh, 24, a banker - were recently arrested in connection with the May 22 robbery. During the investigation, police said they uncovered the circumstances that allegedly led the family to commit the crime.

Additional deputy commissioner of police-II Karanveer Singh said the accused were well acquainted with t...