UP bank manager held for removing Rs. 18L from ATM
A branch manager of the Indian Overseas Bank was arrested in connection with alleged theft of Rs. 18L from an ATM in Shamli, UP, police said today.
Robin Bansal, who was absconding, was arrested yesterday and more than Rs. 14L was seized from his possession, Superintendent of Police Dinesh Kumar said.
Another accused, Chetan, had already been arrested in the case, the SP said.
Another scam of Rs. 4cr came to light during investigation
The theft apparently took place on March 4. Bansal, manager of the Bantikheda village branch, had given the password to Chetan and told him the technique to open the machine. During the investigation, cops unearthed another alleged scam of nearly Rs. 4cr in the branch.
Indian Overseas Bank
Police Dinesh Kumar