India, Oct. 31 -- Distressed by mounting losses and a debt of Rs.15 lakh, a 30-year-old leather businessman on Friday made a desperate attempt at looting a jewellery store. Shortly after noon, the accused, Maz Javed Sayyad, barged into Bhavani Jewellers in Bailbazaar in Kurla West, pointed a fake pistol at the owner and staff, and asked them to pack all the jewellery in a bag. But instead of cowering with fear, the staff started shouting for help, which alerted a police constable on patrol duty, who overpowered Sayyad and nabbed him, foiling the robbery bid.

According to the VB Nagar police, Sayyad, who resides near Noor Hospital in Kurla West, recently suffered heavy losses, besides having a loan of Rs.15 lakh. His attempt at robbery wa...