Collection agent vanishes with over Rs 50 lakh of Delhi Metro cash

A cash collection agent made off with over Rs 50 lakh of Delhi Metro Rail Corporation (DMRC), which he had to deposit in a bank that had hired him for the work, police said on Thursday.

A cash collection agent made off with over Rs 50 lakh of Delhi Metro Rail Corporation (DMRC), which he had to deposit in a bank that had hired him for the work, police said on Thursday.

A cash collection agent made off with over Rs 50 lakh of Delhi Metro Rail Corporation (DMRC). (Sunil Saxena/HT FIle Photo)

The accused, Neeraj, was hired to collect cash from metro stations and deposit the money at a bank branch in Bhikaji Cama Place.

On August 16, he had collected cash from seven metro stations and instead of depositing the sum at the bank, he vanished and his mobile phone was found to be switched off, a senior police officer said on Thursday.

The accused collected cash from Udyog Bhawan Metro station control room at around 2pm and then boarded a train towards HUDA City Centre, he said.

But instead of going to AIIMS station where an escort vehicle was stationed to take him to the bank, he got down at Malviya Nagar Metro station and has been untraceable since then, the officer said.

Neeraj was carrying over Rs 50 lakh in cash, collected over three days, he said, noting that the amount was much more than the usual Rs 12 lakh, as it was collected over the extended weekend due to Independence Day holiday on Monday but not deposited in the bank.

The accused worked with a private security agency hired by the bank for the past two-and-a-half years.

A case of theft and breach of trust has been registered with Delhi Metro police and investigation has been taken up. Raids are being conducted to arrest the accused who hailed from Bihar, the officer said.