Over Rs 1 crore in old currency notes looted from bank

The incident came to light today when the bank officials opened the bank after the two-day weekend holiday

Published: 21st November 2016 08:22 PM  |   Last Updated: 21st November 2016 08:22 PM   |  A+A-


As many as 30 bundles of D1,000 currency notes and 28 bundles of D500 notes, amounting to D47.34 lakh, were found dumped inside the hundial of Jalakandeswarar Temple in Vellore Fort on Sunday evening


DHENKANAL: At least Rs 1.15 crore worth of cash in now defunct Rs 500 and Rs 1,000 notes was stolen from the Odisha Gramya Bank's branch here, police said today.

The incident came to light today when the bank officials opened the bank after the two-day weekend holiday, Abhinav Dalua, inspector in-charge of Dhenkanal Town Police Station said.

There were about Rs 8 crore in old currency notes in the bank and Rs 1.15 crore were found missing from one iron box, he said.

The money was in banned Rs 500 and Rs 1,000 notes, Dhenkanal SP Basant Kumar Panigrahi said, adding "We are examining the CCTV footages".

"We strongly suspect the involvement of some insiders behind the crime. We are surprised to find nearly Rs 7 crore cash intact in the strong room. All the cash were stashed in three huge boxes in the chest," he said.

The branch is located at a stone's throw from the Dhenkanal Town police station.

Police have formed special teams to apprehend the culprits involved in the robbery.

Stay up to date on all the latest Odisha news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp