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Two cash custodians arrested for stealing Rs 82,000 from ATMs

Two persons, working as cash custodians with a private company , ... Read More
HYDERABAD: Two persons, working as cash custodians with a

private company

, were arrested by the

Medipally police

for stealing money that they were supposed to

load in ATMs

. The accused have been identified as A Venugopal of Chikkadpally and B Rakesh of Sainikpuri. Both are employees of

Cisco Security Pvt Ltd

in Chikkadpally. The duo was responsible for replenishing cash in 12 ATMs located at Parvatapur in Mediapally and ECIL.

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“The accused have taken `82,000 in the last two months as they have pass codes to open ATM chests. When they get information on an audit team's impending visit to a particular ATM, the duo would take out cash from other ATMs and fill the audit-bound ATM,“ Medipally inspector K

Jaganath Reddy

said. The fraud finally came to light during an audit conducted by the security firm along with some bank employees, the police said.

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