The elephant was first spotted at Dabgram and Fulbari area of the North Bengal town in the early hours.
Seeing the elephant, panic-stricken people started running helter skelter and Forest personnel rushed to the spot to drive away the pachyderm to the forest.
The Forest personnel fired tranquiliser dart at the jumbo, but it failed to have any effect on the elephant and instead it went berserk and turned its wrath on the houses damaging walls and pillars.
The all important Sevoke Road had to be closed for traffic as the mob took over the street on trail of the jumbo, the officer said adding an unspecified number of people suffered bruises in the melee but were discharged after first aid.
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At least 40 houses apart from the garage were damaged by the pachyderm as it got annoyed due to the commotion and after being hit by the tranquiliser for the first time, a top forest official of Baikunthapur division said.
The forest official said it will be examined by vets before being released.