Chennai: City police on Wednesday sought custody of the security guard of a jewellery showroom in T Nagar who fled with Rs 50 lakh a month ago. Ayodhyanath Yadav (48), a native of Uttarakhand searched by the Pondy Bazaar police for over a month, surrendered before the Saidapet metropolitan magistrate court on Tuesday.
Magistrate J. Angaleshwari sentenced Yadav to be remanded to judicial custody. “We have submitted a petition for police custody,” a senior police officer told DC. Police are unaware where he had stashed the cash.
On September 5, a cashier of the Velachery branch of the showroom, Radhakrishnan, had transported the cash bag from their head office in Bengaluru.
He was told to hand over the cash to the showroom manager in T Nagar.When Radhakrishnan went to the T Nagar branch, he met Ayodhyanath there.
The duo had reportedly worked together earlier and Yadav was transferred to T Nagar recently. The guard enquired Radhakrishnan about his visit and when he told about the cash, the guard offered to collect and hand it over to the account manager, Murugesan. “Since he has been with the company for a long time, the cashier didn’t suspect anything and handed over the cash bag to him,” a police officer said.
However, a few hours later, Radhakrishnan called up T Nagar branch to check if they had received the cash and was shocked to hear that they didn’t get the bag.
Soon, it was found that the guard had escaped with the cash bag, after which the branch manager, Dinakaran approached the Pondy Bazaar police.