Power theft problem now-a-days causes huge loss to electricity board, it is necessary to prevent so that a lot of power can be saved. This paper determines the greatest opportunity for energy savings by continuously monitoring and controlling power theft from the electric meter by taking readings from it. The normal practice for power theft is to short the input and output terminals or to place magnet on the wheel in case of old meters. By wireless power theft monitoring it is possible to sense the current flow through the line & energy feedback using a circuit breaker.