On the backmost of the sensational currency van robbery case, different large fraud involving a outgo work institution has surfaced successful the city.
The employees of Hitachi Payment Services Pvt. Ltd., which provides ATM currency absorption services to 2 large banks , person allegedly siphoned disconnected implicit ₹1.3 crore meant for ATM currency replenishment.
According to the police, the accused were entrusted with collecting currency from a backstage slope successful Koramangala and depositing it into assorted ATMs. However, alternatively of loading the cash, they allegedly pocketed the wealth and escaped.
Two abstracted FIRs person been registered astatine the Koramangala Police Station successful transportation with the fraud. In the archetypal case, a sum of ₹57 lakh was allegedly misappropriated by staff, identified arsenic Praveen, Dhanashekhar, Ramakka and Harish Kumar.
In the 2nd case, different ₹80 lakh was allegedly siphoned disconnected by Harish Kumar and Praveen, on with Varun, acting arsenic portion of a abstracted team. Probe revealed that the accused had stolen the currency successful tiny amounts for the past 1 year, hoodwinking the audit of the company.
According to the police, some teams followed a akin modus operandi, deliberately failing to deposit the currency into ATMs aft withdrawing it from the bank.
The cases were registered connected January 19, pursuing complaints lodged by the company. The constabulary are verifying the CCTV footage and telephone records to way them down.
The incidental has erstwhile again raised superior questions astir the information measures and surveillance systems of backstage currency absorption companies, highlighting imaginable lapses successful information and monitoring mechanisms.
The incidental comes adjacent connected the heels of the November 2025 CMS currency van robbery, successful which astir ₹7.11 crore was looted successful wide daylight.
The constabulary person launched a manhunt for the accused and are further investigating.

3 months ago
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