30-year-old Satish, who had joined Cash Management Services (CMS) as a driver under the false name of Sanjay, and his cousin Shailender have been arrested from Etah in Uttar Pradesh.
Satish had allegedly fled with the van carrying Rs 49 lakh yesterday while his colleagues were loading money in an ATM in Karol Bagh area of Central Delhi. The hunt is on for Satish's third associate, Shailender's brother Chhotu, who is still on the run.
"Here they transferred the money in two bags following which Satish and Shailender left for Etah on a bike while Chhotu boarded a bus. The duo was tracked down through their mobile phone locations," said a police official.
During investigation, police found that Satish had joined CMS company on August 31 under the false name of Sanjay. The local address of Harkesh Nagar which he had provided while joining the company, was also found fake during the probe.
The guard and one cash loader took a box containing Rs 29 lakh to load in the ATM while the remaining was locked in a steel box with Satish and other man still inside the vehicle.
While the duo was busy loading cash in the ATM, Sanjay asked the third person to alight from the vehicle on some pretext. When he got down, Sanjay fled away with the vehicle along with the money, police said.
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