Bengalur

Cash custodian vanishes with ₹99 lakh

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The Adugodi police are on the lookout for a 28-year-old custodian of a Cash Management Service company who is allegedly on the run after withdrawing ₹99 lakh from various ATMs across the city.

Based on a complaint filed by Raju, Manager, Securevalue Indian Ltd Cash Management Services, the police have booked Kishore Kumar and his associate charging them for cheating and criminal breach of trust.

In his complaint, Mr. Raju said the fraud came to light on May 2, when Kishore was missing from work without informing the authorities concerned.

The company deputed a replacement staffer, who went around and checked the ATMs to realise that cash worth ₹99.13 lakh missing.

CCTV footage

The replacement executives, Sameer and Naveen, informed the company about the cash mismanagement, who in turn verified the CCTV camera footage to find Kishore and his associate entering the ATMs of various nationalised and private banks and withdrawing the cash using the code given to them.

After futile attempts to track down Kishore Kumar, the company filed a complaint with the police.

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