Suspect in $400M gold heist stabbed to death

Dead: Mark Singh

A vendor whom persons in the vicinity said usually plied his trade on Regent Street, Georgetown was on Wednesday evening stabbed to death while allegedly selling on the pavement.
Dead is 22-year-old Mark Singh of Herstelling, East Bank Demerara (EBD). The stabbing occurred about 19:00h.
The incident occurred on Regent Street, between Avenue of the Republic and King Street, Georgetown. The now dead man was a suspect in the $400 million gold heist.
According to family members at the scene, the man was selling when someone walked up to him and began stabbing him about his body. Singh immediately buckled, fell to the ground, bled out, and was later pronounced dead.
It is still unclear what might have caused the stabbing, and if Police were able to apprehend the suspect.

The scene of the stabbing incident on Wednesday evening

Singh was among five persons who were wanted in the $400 million gold heist that occurred between December 2021 and January 2022, at the home of a businesswoman of Mahaica, East Coast Demerara.
Forty-nine-year-old Bhaloonauth Seegobin, called “Krishna”, and his 24-year-old son, Satrohan Seegobin, called “Richie”, of Farm, EBD; 27-year-old Andray Duncan of Grove, EBD; and 51-year-old Damien Brummel of Vreed-en-Hoop, West Coast Demerara (WCD) were also wanted.
Police stated that Singh, in the company of four others, stole 1000 ounces of raw gold, worth $400 million, from the businesswoman.
It was reported that the businesswoman discovered the gold missing only when she went to check in September and immediately contacted the Police.
It was further reported that the businesswoman is a gold dealer who, over the years, accumulated the raw gold and concealed same at a location within the confines of her home.
The trio were contracted by the victim to conduct repairs to her home, during which they found the stash of gold, divided same between them, and went on a spending spree. During the investigation, detectives recovered three motor vehicles – two cars and one canter – as well as a quantity of raw gold.
In addition, two Police Officers that were stationed in Berbice who had reportedly received a tip-off about the robbery were arrested after they allegedly took a $6 million bribe to sweep the crime under the carpet. Further, another person was arrested and the Police were able to recover $6 million in cash, along with two motor cars.
Sometime later, Bhaloonauth and his son Satrohan were arrested and arraigned at the Cove and John Magistrate’s Court. Bhaloonauth pleaded not guilty to the charge and was remanded to prison, but Satrohan pleaded guilty and was sentenced to four years in prison.
Singh, Duncan, and Brummel were the men still on the run.