Cheques stolen from bank drop box, encashed
TIMES NEWS NETWORK. 27.07.2025
Coimbatore : Police are searching for a man who stole cheques from a bank drop box and deposited them in his account. Sathish, a customer of a private bank, deposited on July 5 two cheques worth a total of ₹14,000inthebank’sRSPuof ₹14,000inthebank’sRSPuof ₹14,000inthebank’sRSPuram branch collection drop box. When the amount was not credited to his account even after six days, Sathish visited the bank. Upon checking the status of the cheque, bank’s branch manager Ramkumar found the amount was credited to a different account, and filed a complaint. Police obtained CCTV camera footage showing a man stealing the cheque from the drop box, which was later deposited into another account. “It is highly unusual to deposit cheques issued in someone else’s name. Involvement of bank staff cannot be ruled out, as such operations would be difficult without insider assistance,” they said. Bank officials said, more than 10 cheques worth more than ₹1.4lakh have been stolen and encashed through different accounts. A case is registered, and further investigation is on.
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