Duo booked for depositing Rs 6 lakh currency without ID proofs

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Press Trust of India Hyderabad
Last Updated : Nov 13 2016 | 9:22 PM IST
Two officials of a state-run bank here, were today booked on the charge of cheating and criminal breach of trust after they allegedly deposited Rs 6 lakh demonetised currency in the bank without ID proof and withdrew equal amount of new currency without intimating their manager, police said.
Mallesh, the clerk colluded with cashier Radhika, and deposited the demonetised currency amount yesterday without ID proofs and withdrew an equal amount of new notes, Saroornagar Police Station Inspector S Lingaiah said based on a complaint lodged by the bank manager.
"As RBI rules were not followed in connection with the deposit of the demonetised notes in the bank, the bank manager lodged a complaint with police today. Out of the new currency an amount of Rs 5.6 lakh was returned to the bank authorities by the clerk and the cashier," said the Inspector.
A case on charge of cheating and criminal breach of trust has been booked against the two bank officials, the police officer told PTI.
As per the police official, bank authorities have initiated disciplinary action against duo and a probe was on.

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First Published: Nov 13 2016 | 9:22 PM IST

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