The city police on Saturday arrested an executive of a city firm for his involvement in a Rs 50-lakh fraud case.
The accused, Aftab, is an assistant manager at Pernod Ricard India (P) Limited.
The company lodged a case at the DLF City Phase 2 Police station on Wednesday against Kolkata-based Badal Das, a vegetable vendor, accusing him of amassing the money through his bank account of the State Bank of India.
The company took the step after it got a call from their HSBC bank branch regarding the transaction of Rs 49,94,500.
The funds had been transferred through a National Electronic Fund Transfer (NEFT) transaction to the Kolkata-based State Bank India account. It was later found that the accused had transferred the funds as Das was known to him.
According to the police, the company came to know about it on December 28 when the money had already been debited. The police had despatched a team to Kolkata as a vegetable vendor's name figured in the case.