<p>Bengaluru: Koramangala police have launched an investigation after employees of a cash management services firm allegedly misappropriated Rs 1.38 crore cash instead of depositing it in the respective ATMs. </p><p>Two separate FIRs were registered on January 19, following complaints by representatives of Hitachi Payment Service Private Ltd. </p><p>According to the first FIR, the suspects — Praveen, Dhanasheka A, Ramakka and Harish Kumar — took Rs 57.96 lakh from Axis Bank in Koramanagala and were supposed to deposit it in the respective ATMs. </p>.Bengaluru ATM heist triggers push for CCTV cameras on flyovers, underpasses .<p>“The suspects, with the intention to cheat the complainant, did not deposit the cash,” Mithun, 38, the complainant, was quoted as saying in the FIR. </p><p>Similarly, the second FIR named Harish Kumar, Praveen Kumar and Varun as the suspects and said that they misappropriated Rs 80.49 lakh. Police have formed teams to trace the suspects. </p><p>Investigations revealed that the suspects used to take small amounts from the cash they were supposed to deposit between 2024 and 2025, and kept it for themselves for personal use and cheated their employer. By the time the company came to know, they had misappropriated Rs 1.38 crore. </p><p>"This is a case of cheating. The suspects are yet to be traced and an investigation is underway to arrest them and recover the cash," a senior police officer told DH.</p>
<p>Bengaluru: Koramangala police have launched an investigation after employees of a cash management services firm allegedly misappropriated Rs 1.38 crore cash instead of depositing it in the respective ATMs. </p><p>Two separate FIRs were registered on January 19, following complaints by representatives of Hitachi Payment Service Private Ltd. </p><p>According to the first FIR, the suspects — Praveen, Dhanasheka A, Ramakka and Harish Kumar — took Rs 57.96 lakh from Axis Bank in Koramanagala and were supposed to deposit it in the respective ATMs. </p>.Bengaluru ATM heist triggers push for CCTV cameras on flyovers, underpasses .<p>“The suspects, with the intention to cheat the complainant, did not deposit the cash,” Mithun, 38, the complainant, was quoted as saying in the FIR. </p><p>Similarly, the second FIR named Harish Kumar, Praveen Kumar and Varun as the suspects and said that they misappropriated Rs 80.49 lakh. Police have formed teams to trace the suspects. </p><p>Investigations revealed that the suspects used to take small amounts from the cash they were supposed to deposit between 2024 and 2025, and kept it for themselves for personal use and cheated their employer. By the time the company came to know, they had misappropriated Rs 1.38 crore. </p><p>"This is a case of cheating. The suspects are yet to be traced and an investigation is underway to arrest them and recover the cash," a senior police officer told DH.</p>
