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Private Bank employees arrested in Bike Theft case


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The Valasaravakkam police have registered a cheating case against six employees of a private bank. These employees are accused of fraudulently stealing a bike and selling it by forging the owner’s signature.

The incident came to light when Sivakumar, a resident of Mangadu, received a traffic violation challan on his mobile phone. Sivakumar promptly contacted the RTO officials and the bank to investigate the matter.

Eventually, he discovered that his bike was being used by an individual in Sriperumbudur.Taking immediate action, Sivakumar verified the details using the ‘parivahan’ app and found that the challan was issued by sub-inspector Manickavel.

He also obtained the information of the actual bike owner, Nasar from Sunguvarchathiram.Upon contacting Nasar, Sivakumar learned that Nasar possessed the original registration certificate of the bike, which he had purchased in an auction.

The involvement of bank officials came to light when Sivakumar approached the Poonamallee RTO. Sivakumar stated that the officials instructed him to collect a no objection certificate after three days.

However, when he returned to the bank, bank officials allegedly threatened him. It was discovered that the bank officials had used Sivakumar’s signature from his loan agreement and fraudulently auctioned the bike to Nasar.

The police have filed a cheating case against the Bank officials involved in the incident. The named individuals in the case are Satheeshkumar, Rajasekar, Rajamohan, Prakash, Saranraj, and Satish.