Two employees of a private security agency are absconding after allegedly collecting over Rs 1.22 crore of old currency notes from 12 ATMs of five banks in Hardoi district.
Watch What Else is Making news
Police are now investigating if other people could involved in helping the two accused in converting the old currency. The police have lodged FIR against the two employees. They have been booked under IPC Sections 409 (criminal breach of trust) and 420 (cheating).
The agency had a contract from Axis bank, Union Bank of India, ICICI Bank, Allahabad Bank and Corporation Bank for supplying notes to ATMs and its maintenance.
The matter came to light when the security agency found the cash missing in their audit following demonetisation of high value currency notes including Rs 500 and 1000 on November 8.
Talking to The Indian Express, Hardoi SP Rajeev Malhotra informed that it was after Centre declared that Rs 500 and Rs 1000 will not be in use any more that the Cash Management Service (CMS) Infosystem Limited from Lucknow, which puts cash in the ATMs in Hardoi, asked its employees to get all the ATMs emptied and deposit the money in the concerned banks as soon as possible.
The banks were given two days time — November 9 and 10 — to get all their ATMs emptied and to re-fill them with new currency notes.
“According to the agency authorities, they conducted an audit on November 13 where they found that Rs 1,22,48,000 crore was missing from 12 ATMs run by the five concerned banks in Hardoi. The company officials later found two of their employees missing and untraceable,” said the SP.
He further informed that head of CMS, Vinod Rai later lodged the police complaint. The complaint alleged that Aditya Vijay of Gauri Nagar and Keshav Pratap of Nagheta locality, both of Hardoi district, are absconding with more than Rs 1.22 crore, all old currency notes, added Malhotra.