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

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.
“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.