SP (City) Pradeep Gupta said three employees of the cash management company - Vipin, Manish and Atul Kumar - were arrested yesterday.
Three vehicles purchased from the stolen money were seized from them and Rs 24 lakh cash was also recovered, he said.
More than Rs 62 lakh cash was stolen from three ATMs - two of HDFC bank and one of Axis Bank - in the city on September 25.
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