The adjunct manager of a nationalised slope has been arrested for allegedly stealing astir 2.7 kg of golden valuables from the slope lockers belonging to the customers astatine the bank’s Girinagar subdivision successful Bengaluru and pledging them to usage the proceeds for online betting and gambling.
The accused, identified arsenic Kiran Kumar, 34, allegedly misused his entree to the locker keys and, during the lack of the subdivision manager, began siphoning disconnected tiny quantities of pledged golden implicit a play of time.
In 21 packets
The fraud came to airy connected January 2 erstwhile customers visited the Indian Bank subdivision to retrieve their pledged gold. During a verification of lockers, discrepancies were noticed successful respective packets. A elaborate inspection revealed that golden ornaments were partially missing successful 21 packets and wholly missing successful 3 packets.
Preliminary probe recovered that 2,783 grams of gold, valued astatine astir ₹4 crore, had been stolen.
During interior inquiry, Kiran Kumar allegedly confessed to the crime. Police said helium pawned the stolen golden astatine antithetic shops and utilized the wealth for online betting and gambling activities.
Partially recovered
Based connected a complaint, a lawsuit has been registered astatine the Girinagar Police Station. The accused has been arrested, and astir 1.2 kilos of golden has been recovered truthful far. Efforts are underway to retrieve the remaining golden valuables arsenic the financiers are not cooperative and the constabulary volition attack the tribunal acrophobic to get indispensable directions successful this regard, officials said.
DCP, South Division, Lokesh B. Jagalsar, requested slope customers to cheque their valuables from the lockers and deposits periodically to debar specified frauds.

3 months ago
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