Disciplinary authority will initiate stern action against Madan Mohan as per laid down rules, a senior DTC official said.
The matter came to light on July 12 when a team of ticket checkers at Phase-II, Noida found Madan issuing fake tickets to passengers.
"The team found that the tickets of Rs 10 and 15 denomination issued by the conductor were fake," the official said.
Immediately, the conductor's bag and hand blocks were seized and excess case of Rs 1,500 was found.
According to officials, DTC management has directed disciplinary authorities to take exemplary action in such cases.
Recently, services of nine employees involved in the cases of cheating were terminated. DTC's Vigilance Department has intercepted 22 cases of cheating /financial embezzlement between April and June.
