Cash loader steals over Rs 12 lakh meant to refill ATMs

PUNE: An employee of a cash replenishing company was booked on the charge of misappropriating over Rs12 lakh from an amount meant to refill ATMs across the city on June 2, 2018.
The company’s official, Sandeep Ketkar (40), from Shivane lodged a complaint with the Chandannagar police on Friday.
Ketkar in his FIR said, “The company had given Rs52 lakh in cash to the employee to refill ATMs at various places. He refilled over Rs29 lakh in the ATMs and deposited over Rs10.5 lakh with the company. An inquiry launched by the company established that he had misappropriated Rs12,37,000.”
The police registered Ketkar’s complaint under sections 408 (criminal breach of trust by clerk or servant) and 420 (cheating and dishonestly inducing delivery of property) of the Indian Penal Code.
Krishna Indalkar, senior inspector and in-charge of the Chandannagar police, said, “The company had initially filed a complaint application soon after the incident came to light, but requested the police to put the inquiry on hold as the officials were negotiating with the employee to repay the amount at the earliest.”
As per the complaint, the employee had misappropriated a huge amount and had deposited over Rs10.5 lakh with the company. “The employee had assured to repay the balance and sought time to make the payment, but he later changed his address and switched off his cellphone,” Indalkar said.
After the employee failed to repay the amount, the company took a call to lodge an FIR against the employee.