Bank of Baroda manager booked for ₹71.4 lakh fraud

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The Uppinangady Police person booked a associated manager of Bank of Baroda (BoB) for the alleged misappropriation of currency and jewellery worthy implicit ₹71.4 lakh.

Police gave the sanction of the accused arsenic Subrahmanyam, 30, who was moving successful BoB, Perne subdivision and had been the in-charge for the ATM.

According to the complainant, C.V.S. Chandrashekhar, determination manager of BoB successful Mangaluru, Subrahmanyam did not deposit nonstop amounts successful the ATM betwixt February 6, 2024 and December 16, 2025, thereby siphoning ₹70.86 lakh. When officials inspected harmless lockers aft the alleged misappropriation of funds came to light, 4.400 grams of golden jewellery worthy ₹55,000 excessively was recovered siphoned off. Following these developments, the accused has absconded, the ailment said.

Police person registered a lawsuit nether the provisions of the Bharatiya Nyaya Samhita for the offences of dishonest misappropriation of property, transgression breach of spot and cheating and are investigating.

Published - January 03, 2026 02:30 p.m. IST

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