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Rs 90 lakh in stolen notes recovered from Dewas BNP employee

The senior supervisor would pick one or two such bundles from the stack every other day, and stack them in a locker at his chamber.

india Updated: Jan 20, 2018 00:00 IST
Nitin Gupta
Nitin Gupta
Hindustan Times, Dewas
bank note press,Dewas,Stolen notes
Officials found Rs 26.09 lakh in the employee’s locker and another Rs 64 lakh at his residence. (Mint/ Representative Photo )

Stolen currency amounting to Rs 90 lakh has been recovered from a senior supervisor working at the bank note press (BNP) in Dewas, police said on Friday.

Police said senior supervisor Manohar Verma was posted at the ‘rejected notes’ section of the BNP three months ago. While new currency notes were being printed at a hectic pace post-demonetisation, a large number of currency notes with negligible defects were routed to Verma’s section.

The senior supervisor would pick one or two such bundles from the stack every other day, and stack them in a locker at his chamber. He would then take the notes out of the establishment by hiding them in his clothes.

Some of Verma’s colleagues became suspicious after they noticed him bending down frequently to check his socks. The BNP security kept an eye on him, and upon confirming their suspicions, informed the local police.

Police searched Verma while he was exiting the press on Friday, and found some notes concealed in his socks. They later found Rs 26.09 lakh in his locker and another Rs 64 lakh at his residence, all in denominations of Rs 500.

Additional superintendent of police Anil Patidar said Verma was produced in court and remanded in police custody until January 22. “We are yet to find out if anybody else is involved in this racket, how much money Verma has already spent, and for how long he has been stealing,” he added.

Questions, however, were raised on how Verma managed to steal the notes from such a high-security establishment. Dewas BNP general manager MC Vellappa could not be reached for comment.

First Published: Jan 19, 2018 23:53 IST