Isakki Pandian of a cash management company surrendered before the judicial magistrate at Srivaikuntam, they said.
He was remanded to judicial custody.
Pandian and two other company employees had taken cash from the bank on October 3 and then proceeded to the area in West Chennai to fill the ATMs with the money.
While the two were filling the money in the ATM, Pandian had diverted the attention of the security guard by asking him to go to a shop and get him something and then drive off.
One of Pandian's accomplices was arrested in Chennai yesterday.
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