A man entrusted with the responsibility of loading cash into ATMs of a private bank allegedly swindled over Rs 1 crore from various such machines in Allahabad, police said today.
Officials of an Axis Bank's branch in the area registered a police complaint last night claiming that Rs 1.16 crore had been stolen from nearly half a dozen ATM outlets in various parts of the city and on the outskirts, police said.
The bank officials alleged that a man named Bhupesh Kumar, who used to load cash into the ATMs of the bank, went missing on Wednesday and switched off his mobile phone.
This raised suspicion among the bank officials, who started checking bank records.
The bank officials found that over the past few weeks, Kumar had been collecting cash from the bank's Civil Lines branch and showing in records that the same had been loaded into the assigned ATMs, while he swindled away the money, police said.
A search is on to nab Kumar, who has apparently fled the city, police said.
Story first published:
July 14, 2012 17:03 IST