An employee of a company depositing cash in ATMs was arrested Thursday for allegedly embezzling Rs 73 lakh.
Cash custodian Rajeev Sachan, along with his accomplices, had on April 23 embezzled the money that was supposed to be deposited in ATMs in the city. An FIR was lodged by the security head of the cash carrying company the following day at the Link Road police station.
On Thursday, Dilip Kumar, a gang member, was arrested from Uttam Nagar in Delhi and Rs 2 lakh 20 thousand were recovered from him, the police said.
He confessed to helping the gang in stealing the money and said he used to wear the dress of a security guard. He said he was paid Rs 4.5 lakh, the police said.
Seven accused have been nabbed and sent to jail in this case. The cash custodian and kingpin of the gang Rajeev Sachan and Salman are still at large, the police said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
