Bank fraud case: Man held for embezzling Rs 31 lakh

The Hisar police have arrested Sahil Kalra, a resident of Patel Nagar in Hisar town, in connection with an embezzlement case involving Rs 31.04 lakh from Axis Bank’s Barwala branch in the district. The accused was produced in a court, which remanded him to judicial custody for 14 days.

The accused, who worked as a cashier at the bank, is alleged to have collaborated with his accomplice, Yogesh Babbar, to commit the fraud. The duo reportedly used a fraudulent cheque to siphon off Rs 31.04 lakh from the account of a customer, identified as Somnath. The bank manager discovered discrepancies during routine audits and lodged a complaint at Barwala Police Station on July 17, 2023.

The police said Babbar was arrested earlier in the same case, and Kalra was apprehended following sustained investigations by Sub-Inspector Rajbir Singh. During preliminary interrogation, it was revealed that Kalra used his position at the bank to facilitate the unauthorized transaction.

The accused was produced in court after questioning and has been remanded to judicial custody. The authorities are now examining whether other individuals was involved to the incident.

A police spokesperson said further investigations were underway to identify any additional accomplices and determine the full extent of the crime.