Bank clerk held in Ranipet for embezzling ₹2.5 crore

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Gururaghavan was handling the attraction    fund, which was utilized  to transportation  retired  repair and renovation works   of the slope  regularly.

Gururaghavan was handling the attraction fund, which was utilized to transportation retired repair and renovation works of the slope regularly. | Photo Credit: SPECIAL ARRANGEMENT

A 28-year-old subordinate clerk of a nationalised slope astatine Sholinghur municipality successful Ranipet was arrested by the Bank Fraud Investigation Wing of the Ranipet Central Crime Branch for embezzling astir ₹2.5 crore from the attraction money of the bank.

The arrested idiosyncratic was identified arsenic S. Gururaghavan, a nonmigratory of Walajah town. He was moving successful the slope for the past fewer years, and was handling the attraction fund, which was utilized to transportation retired repair and renovation works of the slope regularly.

Initial enquiry revealed that during an interior audit, K. Sautaniya, slope manager, recovered discrepancies successful recognition and expenditure of the accounts maintained nether the fund. The slope squad recovered that Gururaghavan had embezzled astir ₹2.5 crore successful currency by attaching fake receipts for works and manipulating the ledger accounts. 

Based connected a ailment by the slope manager to Ranipet SP Ayman Jamal, a lawsuit was registered and Gururaghavan was arrested. Further probe is nether way.

Published - November 26, 2025 05:30 americium IST

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