A branch manager of the Overseas Bank was arrested in connection with alleged theft of ₹18 lakh from an ATM in Shamli, Uttar Pradesh, the police said on Saturday.
Robin Bansal, who was absconding, was arrested on Friday and more than ₹14 lakh was seized from his possession, Superintendent of Police Dinesh Kumar said.
The manager of the Bantikheda village branch was found to be involved in the theft on March 4. Another accused, Chetan, had already been arrested in the case, the SP said, adding that Bansal had given the password to Chetan and also told him the technique to open the machine.
During investigation, an alleged scam of nearly ₹4 crore came to light in the branch, the official said.