Police have arrested four people, including the SBI bank manager, in connection with the breaking of a locker at the Sector 15 branch of SBI Bank in Faridabad district without informing the owner. The arrested accused include the then-bank manager, Preeti Kataria, AK Singh, Bhavna Narwal, and vendor Neeraj Sharma. Vendor Neeraj Sharma had filed an anticipatory bail application, which was rejected by the court.
A case of jewellery theft from Bank Locker was reported in SBI Faridabad. Gold, silver, and other valuables worth around ₹2 crore were allegedly stolen from State Bank of India (SBI) branch in Faridabad. The customer – a chartered accountant complained about loss of his earnings.
The incident took place at the Sector 15 Market branch of State Bank of India in Faridabad. According to the complaint, the locker belonged to chartered accountant DC Garg. He had been using the locker for the last 12 years.
Two days ago, Garg’s wife went to the bank to operate the locker. Bank officials told her that the locker did not exist at the branch anymore. Mr. Garg said that this was surprising because the annual locker rent was deducted from Garg’s bank account until last year.
After this, DC Garg and his family reached the bank and questioned the officials. The bank staff reportedly told them that no locker was registered in his name. Garg said he still had the original locker key. However, the bank claimed that the same locker number had been allotted to another person.
Garg said he had taken the locker in 2014. An annual fee of ₹2,360 was regularly deducted from his account. He alleged that the bank gave a duplicate key of his locker to another person.
According to Garg, bank officials suggested that he might have surrendered the locker earlier. He rejected this claim. He said that surrendering a locker requires paperwork and the original key must be returned to the bank. He said he still had the original key.
Garg alleged that the locker was broken and later re-allotted to a person named Vikas Chauhan with the help of bank officials. He claimed that a duplicate key was issued. He said the locker had around 1.25 kg of gold bars, nearly 3 kg of silver, and other valuables. Garg said he does not know when the locker was broken or when the valuables went missing.
Now the officials of SBI have been arrested and more details will be released after investigation.
What are the bank locker rules?
Bank locker rules in case of theft state that the bank will be held responsible for any loss of your locker contents caused by theft, burglary, or robbery. The bank shall be liable to pay you 100 times the prevailing safe deposit locker annual rent. This compensation also applies in case of fire, building collapse, or fraud.
Even if a very valuable item is stolen (e.g., jewellery worth ₹30 lakh), bank compensation will still be limited to the cap (like ₹2 lakh or ₹5 lakh as per rent). Anything above that is born by customer.
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