A sum of Rs 9.55 lakh was found missing from a mobile ATM of a cooperative bank here on Friday, police said.
In a complaint lodged with the police, the Erode District Central Cooperative Bank Ltd said its ATM van with three employees, including the driver, was parked at the central bus-stand after depositing Rs 10 lakh cash in the machine.
Shortly after a person withdrew Rs 45,000 from the ATM, thick smoke came out of it. The employees found the smoke in the battery and doused the flames.
Later, the van was taken to the banks head office just a kilometre away to check if the cash in the machine had got damaged. It was then the employees found out that the Rs 9.55 lakh was missing.
Based on the complaint, police are interrogating the three employees in the van which had no armed guard.
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