Hyderabad: The CCS has tracked down the director and the national head of RCI Cash Management Agency, who stole around Rs 9 crore from SBI ATMs across the city. Though director Sudip Kumar tried to escape from the police by jumping from the second floor of his hideout in Pune, cops chased and captured him. In May, CCS police arrested six top officials in connection with the same case.
Police found the same company was involved in similar cheating cases in Mumbai too. There were cases pending against them in five police stations in Mumbai. Police said a team of officials tracked down 48-year-old Sudip Kumar to a flat at Wagholi in Pune. “To escape he jumped to the first floor from the second floor of the building and then to the ground floor, where we nabbed him,” a CCS police official said.
Before arresting Sudeep Kumar, the same team arrested Thiruvann-amalai Arunachalam Giri Rajan, the national head of the company, from his flat in Navi Mumbai. “Both the accused were brought to Hyderabad from Maharashtra on transit warrant,” said Avinash Mohanty, DCP, Central Crime Station. On May 22, RCI’s manager (operations) G. Nagaraj approached the police alleging that two employees of the company escaped with Rs 9.98 crore, which was kept for replenishing SBI ATMs in the city.
However, during investigation, police found that Nagaraj himself was involved in the fraud. Police then arrested Nagaraj and four others. Further investigation revealed that the theft happened with the knowledge of all top officials of the company, who are based in Mumbai. “This company was involved in similar frauds in Mumbai. They started diverting cash since they wanted to make money and the company was running up losses,” said an official from CCS.