Trending Now
- 830 voters names go missing in Kavundampalayam constituency
- If BJP comes to power we shall consider bringing back electoral bonds: Nirmala Sitaraman
- Monitoring at check posts between Kerala and TN intensified as bird flu gets virulent in Kerala
Coimbatore
Man arrested for misappropriating Rs 1.39 crore
May 27, 2016
District Police on Thursday arrested an employee of an agency that loads money in ATMs for allegedly misappropriating upto Rs. 1.39 crore.
According to police, K. Satheesh (29) and K. Arun Kumar (22) from Udumalpet were reportedly working for Brinks India Company, which reportedly loads cash in the ATMs of ICICI Bank, Bank of India and Axis Bank.
The duo worked in the Coimbatore Branch of Brinks and were entrusted to load cash in the ATMs in Pollachi and Udumalpet.
However, the duo had allegedly misappropriated money amounting to Rs. 1,39,60,300 by not loading the money in the ATM.
Based on a complaint filed by the Branch Manager of the company, Satheesh was arrested by the District Police. The police have registered cases and were also on the lookout for Arun Kumar, who is at large .
