4 days ago
Bank employee robbed of Rs 40 lakh in Kozhikode
Kozhikode: An employee of a private bank was allegedly robbed of Rs 40 lakh at Pantheerankavu in Kozhikode on Wednesday afternoon.
The suspect identified as Shibin Lal from Pallippuram, reportedly fled on a scooter after snatching a bag containing the cash from a staff member of ESAF Bank at Ramanattukara.
According to police, Lal had approached the bank, claiming he pledged gold at Akshaya Financiers at Pantheerankavu and requested help with cash to take the pledged gold and repledge it in the bank.
Acting on his request, Aravind, a bank employee of the ESAF Bank reached Akshaya Financiers at 1.30pm with Rs 40 lakh in cash. The accused allegedly grabbed the bag containing the cash and fled.
A subsequent investigation at the private financing firm revealed that Lal did not pledge any gold there and had fabricated documents to mislead the bank staff.
Police have launched a manhunt. A special squad led by Farook ACP A M Siddique along with Panthirankavu police is conducting the investigation. Efforts are also underway to determine if Lal has any past criminal record.
