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When a Bank Manager Coached a Loan Applicant to Rob Rs 18 Lakh From ATM in UP ​

When a Bank Manager Coached a Loan Applicant to Rob Rs 18 Lakh From ATM in UP ​

The accused identified as Chetan Kumar, revealed that it was the Branch Manager of the bank himself who orchestrated the entire heist and trained him to illegally remove Rs 18,37,300 from the Indian Overseas Bank ATM.

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Muzaffarnagar: Uttar Pradesh police have arrested a man for illegally withdrawing over Rs 18 lakh from an ATM in Shamli district, but little did they know that they were in for a surprise.


After hours of interrogation, the accused identified as Chetan Kumar, revealed that it was the Branch Manager of the bank himself who orchestrated the entire heist and trained him to illegally remove Rs 18,37,300 from the Indian Overseas Bank ATM in Banti Khera area, Superintendent of Police Dinesh Kumar said.


Dinesh said bank manager Robin Bansal hatched the plan and provided Chetan with all the expertise, including opening the password protected cash dispensing machine and breaking the three-tier security system, before the latter finally withdrew the money.


Robin is absconding after the police investigation threw light on his possible involvement in the theft case.


On March 4, Chetan entered the ATM booth with his helmet on, disguised as a technician called for the machine’s repairment. Then, he followed all the instructions given to him by Robin in toto – from entering the correct password to unlocking the cash cassettes without raising an alarm – and robbed Rs 18.3 lakh in cash, the Times of India reported.


According to TOI, Chetan had approached Robin in February this year for a loan of Rs 1 lakh. Instead of processing his application ​for a loan, Robin offered him with a ‘reward’ of Rs 50,000 if only he agreed to carry out his masterplan of robbing the ATM off its money at the bank’s Dheemanpur Road Branch.

Police had registered a case in the matter on March 4 this year after customers filed complaints with the bank about shortage of cash in the ATM, despite it being loaded with Rs 28 lakh just a day earlier.

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