Gold worth 35 million missing from bank locker in Bengaluru; deputy manager arrested on theft charges
A deputy manager in Bengaluru has been arrested for allegedly stealing gold jewelry worth over 35 million rupees from bank lockers and pawning them without authorization.
In a shocking incident in Bengaluru, Karnataka, a deputy manager has been arrested on charges of misappropriating gold jewelry worth more than 35 million rupees from customer bank lockers. The accused allegedly removed 2780 grams of gold from the lockers and pawned them to a finance company without the knowledge or consent of the customers, leading to serious concerns about the security integrity of the bank. The case was revealed when the bank's chief manager filed a complaint at the Girinagar police station after noticing irregularities.
Preliminary investigations by the police have indicated that the arrested deputy manager may have used the stolen gold's value to engage in online betting, adding another layer of complexity to the case. Authorities have informed that as part of the investigation, 700 grams of the missing gold has already been recovered, but efforts to reclaim the remainder are ongoing. The Deputy Commissioner of Police for South Bengaluru has expressed concern that they are not getting adequate cooperation from the finance companies involved.
This incident raises significant alarm about banking security and employee protocols in India, especially in light of recent trends in financial crimes. The arrest of the deputy manager and ongoing police investigations highlight the need for stricter regulations and oversight in the banking sector to prevent similar occurrences in the future.