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After demonetisation, banks and ATMs become soft targets for thieves

A number of banks and ATMs, which have been flush with money since the demonetisation of 1,000 and 500 rupee banknotes on November 9, have been hit by a string of burglaries.

black money crackdown Updated: Nov 25, 2016 20:41 IST
HT Correspondent
Banks

Long queues outside several banks to exchange old 500 and 1,000 rupees currency notes as ATM continues to remain closed at Sakinaka in Mumbai, on November 15, 2016. (Arijit Sen/HT File Photo)

A number of banks and ATMs, which have been flush with money since the demonetisation of 1,000 and 500 rupee banknotes on November 9, have been hit by a string of burglaries.

A look at some of the more high-profile cases:

Ludhiana, Punjab: A day after the Rs 500/1000 notes were scrapped, nine employees of a security agency went missing with Rs 3.92 crore worth of old notes from various ATMs.

Balaghat district, Madhya Pradesh: A minor boy set ablaze the CCTV equipment of Punjab National Bank at Waraseoni in Balaghat district on November 23 after a failed attempt to rob the bank the previous night . Police recovered two Rs 500 notes and few ATM cards from his possession. The minor had burnt the equipment to wipe out evidence against him.

Bengaluru, Karnataka: The driver at a private logistics firm made away with a van carrying Rs 1.37 crore on November 23. The vehicle and Rs 45 lakh have been recovered, but the accused is still at large.

Kanpur, Uttar Pradesh: A State Bank of India ATM was robbed of Rs 10 lakh in new notes on November 12 in Armapore area. Six bank employees and security personnel were taken into custody.

Rishikesh, Uttarakhand: In a bizarre exchange of sorts, thieves broke into a two-wheeler showroom on the night of November 20 and took cash worth over Rs 5 lakh. In its place, they left wads of demonetized Rs 500 and 1,000 notes amounting to nearly Rs 1.5 lakh.

Sonepat, Haryana: Burglars stole Rs 1.22 crore in old currency from the Oriental Bank of Commerce on November 23. In a separate case, Rs 81.46 lakh of invalid banknotes were taken from a Punjab National Bank branch in Rewari on November 19.

Tinsukia district, Assam: One person was killed and two others sustained injuries when suspected militants attacked a cash van belonging to a tea garden on November 16.

Kishtwar, Jammu and Kashmir: On November 22, the state-run Jammu and Kashmir bank was robbed of Rs 35 lakh. Suspected militants also robbed a bank in central Kashmir’s Budgam district on November 21 and left with Rs 13 lakh in cash.