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Two FIRs in Bengaluru Over ₹1.38 Crore ATM Cash Diversion by Cash Management Staff

Police say Hitachi Payment Services employees diverted Axis Bank deposits over months, with teams now pursuing the absconding suspects.

Overview

  • Koramangala police registered the cases on January 19 after complaints from Axis Bank, naming staff of Hitachi Payment Services.
  • The FIRs allege misappropriation of ₹57.96 lakh in one instance and ₹80.49 lakh in another, totaling about ₹1.38 crore.
  • Investigators say cash was collected from a currency chest for ATM loading but was not deposited, with small amounts taken across 2024–25 to avoid detection.
  • The FIRs name Praveen, Dhanashekhar A, Ramakka, and Harish Kumar in one case, and Harish Kumar, Praveen Kumar, and Varun in the other.
  • Police classify the offences as criminal breach of trust and cheating, are reviewing CCTV and call data, and have formed teams to trace the accused as the probe continues.