Bangalore:
A cashier at a finance firm has been arrested and gold ornaments and cash worth Rs 1.06 crore seized from him, police said.
Acting on a complaint by Janalakshmi Financial Services, the man who was working at the firm for the past one and a half years, was arrested on May 13 and 3.75 kg of gold ornaments and Rs 89,000 cash, worth Rs 1.06 crore confiscated from him, City Police Commissioner Jyothi Prakash Mirji told reporters in Bangalore on Wednesday.
The manager of the firm had lodged a complaint last week, stating that four kg of gold, 311 grams of gold ornaments and Rs 8.75 lakh cash, coming to a total of Rs 1,21,75000 was missing from his locker.
During questioning, the man stated that he had made duplicate keys of the main door and safe lockers and on May 4, went on five days leave, Mr Mirji said.
On the night of May 8, he opened the office with the duplicate key, disconnected the alarm and decamped with gold ornaments and cash. While he kept the cash and some ornaments in a lodge in the city, he hid the remaining ornaments in his native place in Chikmagalur, from where the team recovered it, Mr Mirji said, adding that nearly 234 persons had pledged their gold with the finance firm and taken loans.
"Investigation into the case is still on and all efforts are being made to recover the remaining booty", Mr Mirji said.