After Rs 1 crore theft, employee on run; bank says no loss | india | Hindustan Times
Today in New Delhi, India
Jan 24, 2017-Tuesday
New Delhi
  • Humidity
  • Wind

After Rs 1 crore theft, employee on run; bank says no loss

india Updated: Aug 01, 2011 01:51 IST
HT Correspondent
HT Correspondent
Hindustan Times
Highlight Story

An "enterprising" bank executive entrusted with the job of depositing money in automated teller machines (ATMs), is allegedly on the run after stealing up to a whopping Rs 1 crore from about 14 such machines installed across the capital, police said on Sunday.

BS Jaiswal, deputy commissioner of police (outer) said several specially-constituted teams are in hot pursuit of Deepak Rana - a Kotak Mahindra Bank employee - who misused a special password to perpetrate the crime across several police districts between Saturday and Sunday evening.

"We were informed about the incident through a PCR call around 7pm," said Jaiswal.

"Rana is understood to have struck at two ATMs in the outer district. A case has been registered under relevant sections," Jaiswal added.

According to the police, Rana is understood to have struck at least 14 such ATMs one after the other, gained access to the machines' money chamber with the help of a single password and carried away the money in his bag.

Each time, Rana put a "Machine Out of Order" sign atop the machine after cleaning it of almost all the cash it contained, police said.

"While he has struck at a minimum of four machines in the outer district, the said bank, which gave us a written complaint about the matter, claims that he has also struck at ATM machines installed in northwest and west Delhi," said a senior police officer.

At the time of going to print, police claimed that they had verified that Rana had indeed struck at seven such machines, installed at locations such as Mangolpuri, Sainik Vihar, Pushpanjali Enclave, Rajouri Garden and Punjabi Bagh.

According to police, six to seven lakh rupees had been withdrawn by Rana from each machine and the number was likely to reach 14, if not more, by Monday morning.

However, KVS Manian, group head, consumer banking, Kotak Mahindra Bank said, "We have not witnessed any loss of money from any of our ATMs."