The reason for their selective approach was the irrational fear of being traced by microchips inside currency notes, a rumour that made the rounds after demonetisation and was subsequently rejected by the government. The men also believed using coins instead of notes would be less likely to raise suspicion.
"They have said that stealing banknotes, especially the Rs. 2,000 notes, was not their plan at all as they believed that notes could be tracked through chips or GPS after demonetisation. So, they decided to steal all the coins instead," Hindustan Times quotes a police official as saying.
Taking a cue from heist movies and crime thrillers, the three men broke into the bank on Monday night after cutting through the grills of a window. A bank employee noticed the broken window in the morning and realised there had been a break-in.
The three suspects, who worked at nearby bus depots, were arrested on Tuesday. The stolen money was reportedly spent on food and drinks.
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