Burglars struck at a flat at Simhapuri Colony and decamped with 40 tolas of gold and some cash on Tuesday night.
M. Taranandam, a retired employee of Naval Dockyard, was living in an apartment complex.
He had purchased another flat for his son in a nearby area. All the family members went to the new flat and stayed there on Tuesday night.
On return to the old flat on Wednesday morning, they were shocked to find the main door open and the gold ornaments and Rs.6,000 missing from the safe.
Assistant Commissioner of Police (North) B. Prasada Rao visited the scene of crime.
Pendurthy police are investigating the case.