9 security agency workers decamp with Rs 3.92-crore old currency in Ludhiana | punjab$ludhiana | Hindustan Times
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9 security agency workers decamp with Rs 3.92-crore old currency in Ludhiana

punjab Updated: Nov 22, 2016 14:26 IST
HT correspondent
HT correspondent
Hindustan Times
Security agency

A case was registered under Sections 409 (criminal breach of trust by public servant or agent), 420 (cheating) and 120-B (criminal conspiracy) of the IPC for the crime committed on November 9.(HT Photo)

Nine employees of a security agency, who took out Rs 3.92 crore in old banknotes of Rs 500 and Rs 1,000 from various ATMs (automated teller machines) in Ludhiana, a day after the Centre’s demonetisation move was announced, have gone missing.

Satinderbir Singh, operation in-charge of Scientific Security Management Service lodged a complaint at Shaheed Bhagat Singh Nagar police station on Sunday that the accused did not deposit the cash in the respective banks.

A case was registered under Sections 409 (criminal breach of trust by public servant or agent), 420 (cheating) and 120-B (criminal conspiracy) of the IPC for the crime committed on November 9.

The accused have been identified as Anil Chopra, Radhe Shyam, Pardeep Singh, Kuldeep Singh, Sharanjit Singh, Ajay Kanojia, Gursewak Singh, Harpreet Singh Bunty and Kamaljit Singh.

Satinderbir said the agency, in coordination with Hitachi Payment Service, loads money in ATMs of various banks.

He said after demonetisation of Rs 500 and Rs 1000 banknotes on November 8, he asked these employees to bring back the scrapped currency from 25 ATMs in the town and deposit the cash with the main branches of the banks, including the State Bank of India and HDFC Bank. However, instead of depositing the cash with the banks, the accused fled with it.

Police sub-inspector (SI) Manjit Singh, who is investigating the matter, said the agency officials earlier tried to trace the accused at their own, but they failed to do so.