Rs.40 Lakh Cash Missing from SBI Branch in Kurukshetra Haryana

Bundles of currency notes worth ₹40 lakh have gone missing from a State Bank of India (SBI) branch in Kurukshetra, Haryana. This incident came to light when the branch manager checked the cash in the branch. The incident took place in the SBI Pehowa branch. The branch manager filed an FIR against the cashier and accountant.

During the routine inspection on November 18 at around 9:30 am, bin number 26 of the currency chest was checked. According to bank records, the bin should have contained 90 bundles of ₹500 notes (with 1,000 notes in each bundle). However, only 82 bundles were found.

The missing eight bundles resulted in a shortage of ₹40 lakh. The manager questioned cash officer Ravi Kumar and accountant Karan Pal, who were responsible for the currency chest and also held its keys.

When both employees failed to give clear answers, the branch manager checked the CCTV footage. The footage showed that the remaining bundles were not properly checked after the last withdrawal on November 10. Both employees are suspected of working together to hide the missing cash.

The branch manager then filed a police complaint. Based on his complaint, the police registered an FIR against cash officer Ravi Kumar and accountant Karan Pal. The bank will also conduct a departmental inquiry. Branch manager Tarsem Lal reported the matter to DSP Pihowa, Nirmal Singh. After this, the police registered a case against Ravi Kumar and Karan Pal at the City Police Station, Pihowa, under sections 316(5) and 318(4) of the IPC, and started an investigation.

Recently, a 32-year-old assistant manager of Canara Bank, Mayur Nepale, was arrested for stealing ₹1.58 crore from the bank’s strongroom in Bhandara district, Maharashtra. According to police, Nepale worked at the bank’s Chikhla branch in Sitasawangi and lived in Nagpur. He had lost nearly ₹30 lakh in online betting and accumulated more than ₹80 lakh in personal and loan-related debts. Click here to read news.