Duo wanted for swindling Rs 1.40cr nabbed in Himachal Pradesh

Coimbatore, Aug 8: Two persons wanted in connection with swindling Rs 1.40 crore meant for remitting in ATMs here and in Pollachi, were arrested from Himachal Pradesh and brought here today, police said.

K Sateeshkumar (29) and K Arunkumar (22), both from Udumalpet in Tirupur district, were working in a firm in Souripalayam here, which had been entrusted with remitting cash in ATMs.

They had been tasked with filling cash in seven ATMs from Pollachi to Udumalpet after drawing money from various banks.

However, an audit found a shortage of Rs 90 lakh in the ATMs during the April 2 to May 5 period. Similarly, about Rs 49.60 lakh drawn from different banks were swindled by them, without filling in their ATMs.

Based on a complaint by the firm, police registered a case against the duo, who had been absconding.

Police said they acted on specific clues that the duo had fled to Himachal Pradesh, following which a team went to that state, arrested them and brought them here today.

PTI