The Madiwala police are on the lookout for two employees of a cash management company who are on the run after stealing over ₹77 lakh from ATMs across the city.
The accused, Kiran Kumar and Jawahar E., are employed by Secure Value, which offers cash management services, safe transit and management of currency and valuables for banks. The duo are from Tamil Nadu. They were entrusted with the task of depositing cash in ATMs in south Bengaluru.
Raju A.N., in-charge of Secure Value, in his complaint to the police on Friday, said that the duo had been given codes to open ATM machines and deposit cash. Using the same code, the duo withdrew ₹77,72,800 from ATMs.
Inquiries revealed that the duo had deposited the cash in ATMs. Later, they went to the ATMs and removed the cash using the same codes.
The theft came to light when the company executives conducted an audit and realised that cash was missing from ATMs which were being handled by Kiran Kumar and Jawahar.
When the duo disappeared soon after the audit, the company filed an FIR alleging criminal breach of trust and cheating.