Connect with us

Bangalore News

Securevalue custodian nabbed for stealing Rs 99 Lakh from ATMs

Bengaluru: A cash management services custodian was nabbed by the police here on Thursday, May 16 for stealing Rs 99 Lakh from ATMs.

The accused is Kishore Kumar (28), a resident of B Chandrappa Nagar who is a custodian/technician working in Secure value India Limited (SVIL) from the past six years.

His friend Rakesh (37), a resident of Begur has also been arrested for assisting Kishore.

According to police sources, Kishore was having a debt of Rs 20 Lakh. He had to return money to his friend and family members from whom he had borrowed. In a desperate move, he planned to loot money from ATM and Rakesh had promised to help him.

Related image

Earlier, on May 1, according to the instructions of his higher officials, Kishore loaded Rs 1 Crore in the Secure value cash security van, left with the security personnel towards an ICICI Bank ATM located on Langford Road and deposited Rs 50 Lakh in the ATM machine. But while leaving the ATM, he had not locked the ATM machine, which according to the police, was a planned strategy.

Later, he deposited Rs 50 Lakh in the RBL Bank ATM located on Residency Road. Once done, he had cut the connecting wires of the ATM. Following complaints from the bank regarding ATM malfunction, the Secure value agency officials deployed Kishore to repair the machine, as he was also a technician.

Once the stage was set, Kishore called his friend Rakesh to the RBL Bank ATM. Within no time, Rakesh rushed towards the ATM. Kishore, in the name of repairing the malfunctioning machine, stole the Rs 51.30 Lakh cash in a toolkit bag from the RBL ATM and escaped with Rakesh in his car.

Image result for latest images of stole money from ATM in india

They also looted the ICIC Bank ATM, in which previously Kishore had deposited Rs 50 Lakh cash. As the machine was left unlocked as per plan, he decamped with Rs 47.83 Lakh towards Begur.

When the banks complained to the agency about a large amount of cash being emptied within a day, the agency officials conducted an internal investigation. Kishore, on the other hand, had, skipped duty the next day. When they checked the ATM CCTV footages, it was confirmed that he was the culprit and immediately filed a complaint with the Ashoknagar Police.

While the police were tracking Kishore’s mobile phone, the accused’s father had filed a missing complaint with the Adugodi Police, stating that his son had not returned even after four days.

Image result for latest images of stole money from ATM in india

The Adugodi Police also got a confirmation from the agency that he had gone on duty to deposit cash in the ATMs.

Based on this information, they began tracking Kishore’s mobile phone and found that the last call made was to his friend Rakesh and that both of them switched off their mobile phones in Begur. The duo was found in Rakesh’s house and was arrested.

Meanwhile, the police confirmed that they have seized Rs 30 Lakh from Rakesh’s residence located at Vishwapriya Layout, Begur, Rs 17 Lakh in Kishore’s friend’s house in Virat Nagar of Bommanahalli and Rs 48 Lakh in another friend’s residence in NGR Layout of Roopena Agrahara.

Image result for latest images of stole money from ATM in india

Police have also stated that the accused’s friends had no clue regarding the cash kept in their residences.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Bangalore News

From highs of ₹200, onion prices cra’sh to the ₹35-40 range

After reaching highs of over ₹200 per kg, the price of onions is now seeing a steep cr’ash with the new crop harvested over the last two weeks flooding the market. This has resulted in a glut of onions, say traders.

A kilo of onions, even of the best quality, is now trading at the ₹35 — ₹40 levels in the wholesale market, leaving many farmers who hoped to cash in on the shortage unhappy. They are retailing around ₹40 — ₹50.

Traders and officials, going by the ground report on onion crop patterns and expected arrivals in the market, predict that the glut will only increase. “The prices will fall below ₹20 by the month-end and may even fall below ₹10 by February-end,” predicted Ravi Kumar of the Bangalore Onions and Potatoes Traders’ Association.

This has left the farmers worried. At present, onions from Vijayapura and Chitradurga districts and the Nasik region of Maharashtra are flo’oding the wholesale markets in the State.

“The earlier crop suffered massive da’mage owing to heavy rains. Expecting high prices, farmers — even those who used to grow maize for a second crop — started growing onions,” Mr. Kumar explained. More onions are expected to come from Punjab and Madhya Pradesh by February, even as supply from within Karnataka is also expected to go up. This will further lead to a cra’sh in prices, traders predict.

“Though the price of onions shot up recently, we did not make much profit, as the yield was very low. Onions had turned wet and were decomposing in the fields itself. What we could sell was very low. But given the prices were started growing them again, only to see the prices cra’shing in a free fall. It will be tough to bear these losses,” said Basavaraj, a farmer from Vijayapura.

However, G. Srinivasan, Director, HOPCOMS, remains optimistic and says that the demand for onions will also increase especially as many households had limited or even stopped purchasing the staple ingredient for a while. “There will be a stabilization of prices, but may not cr’ash,” he said

Coconut farmers sustain losses

Coconut farmers, too, are bearing the brunt of the price cr’ash. The price of a quintal of copra (dry coconut) that was in the range of ₹17,000-₹18,000, a few months ago, was trading at ₹11,500 on Saturday at Tiptur APMC, the prime coconut market in the State. The prices of coconuts have also seen a dip, from over ₹20 per nut to ₹17 per nut over the last few days. However, they are still being sold in the range of ₹25 and ₹30 in the retail market.

Devraj, a coconut farmer from Tiptur, said the present copra and coconut prices will not fetch them the cultivation cost.

“The input costs – diesel, labor, and fertilizers – have gone up. The cost of copra should at least be around ₹15,000 per quintal if farmers have to recover the cultivation cost. Presently, we are reeling under losses,” he added.

Continue Reading

Bangalore News

Central Business District set to play it smart when it comes to parking

Sometimes, even a prayer can’t get you a parking spot on Church Street. Or in any of the roads in Central Business District (CBD) in Bengaluru. But that may soon change. By the end of February, the Bruhat Bengaluru Mahanagara Palike will introduce the first phase of the smart parking system on 12 roads in CBD. The project is being implemented on a Public-Private Partnership (PPP) model by the BBMP and Central Parking System (CPS). It has already kic’ked off with a pilot run on Kasturba Road. The pilot run which began on December 14, 2019 has received great response, say BBMP officials.

The trial run includes slots for 50 vehicles. A CPS spokesperson said, on an average, about 160 vehicles are parked on Kasturba Road every day. Smart parking meters will be installed on 85 roads in four phases. The total cost of the project is Rs 72 crore. Basavaraj Kabade, projects, BBMP, said, “We are taking feedback from the public about the trial run at Kasturba Road. The response has been good. As the white topping and TenderSURE works on other roads are going on, there will be some delay in the other phases.”


Citizens can use the Namma Bengaluru Parking app to find parking slots available and pay for it or they can approach a parking meter installed on the road and pay for their slot. The parking fee has been set at Rs 30 for every hour. When using the meter, car owners can enter the bay number where they’ve parked their car, the number of hours they would like to book the slot for, and pay via cash, debit or credit card or e-wallets. Vehicle owners can also extend the time slot after they have parked their vehicle. Poornima Sathyanarayanan, Director New Initiative, said, “They can book their parking bay either through the app or through the meter. Payments can be done through the app as well. A buffer time of five minutes is also provided.”

A command center at the area will monitor the parking activity. It will record the number of vehicles parked, available slots and the number of owners who have paid or not paid for the parking. Poornima added that in case the owner doesn’t pay the parking fee, the vehicle will be clamped. “There are six CCTV cameras installed for the trial run at Kasturba Road. It will be monitored.”
N Sathyanarayanan, MD, Central Parking System, said phase one will be completed by end of February. “We are in discussions with the BBMP and are yet to get some permissions and clearances. The smart parking system is being installed at roads which are wide and mostly one-way so that there is not much traffic congestion on the road.” In phase one, 12 roads will have around 500 slots for two-wheelers and four-wheelers.

Continue Reading

Bangalore News

Three lanes may be added to Hebbal flyover

BENGALURU:  The Bangalore Development Authority has come up with a new proposal to ease the city’s one of the most notorious traffic bottlenecks – Hebbal Flyover. Addition of three new lanes and underpass figures among the drastic changes the Authority has suggested. It has submitted its proposal to both the Bangalore Metro Rail Corporation Limited (BMRCL) and the RITES Limited, an engineering consultancy firm specialized in major infrastructure projects.

These agencies along with the Karnataka Road Development Corporation Limited have been entrusted with the task of coming up with a feasible project to decongest the flyover. BMRCL too has been roped in since its major infrastructure project the Silk Board-Airport line will pass above the flyover. Highly placed BDA sources told The New Indian Express that a grade separator proposal was submitted on January 2 and some major changes have been proposed for the first time.

“Three unidirectional lanes have been proposed to be constructed from Bengaluru city side towards the airport, crossing the Hebbal junction and an underpass from the Tumukuru end, he explained. The flyover constructed in 2003 by BDA witnesses massive traffic gridlock in the morning and evening hours. Currently, there are five lanes connecting the airport and the city via the flyover — three of them from the city towards the airport and two in the reverse direction.

“BDA had earlier proposed two more lanes from the airport to the city and some work had also begun, but stopped later. If this proposal to construct three more lanes is accepted, then there will be 10 lanes in total, five each in either direction and congestion in the lanes will be done away with,” a top official said.

Another major proposal is to dismantle the existing route (ramp) from K R Puram side towards Bengaluru city. “Instead, a new unidirectional flyover will be constructed from K R Puram. It will be done at level two around the existing one and it will be done in such a way that it will merge with another new flyover from the airport towards Bengaluru for which construction has begun already,” he added. Metro rail is proposed on level three, he said.

An underpass has also been proposed from the Tumukuru side towards the K R Puram side. “It will have an arm that will merge with the approach road of the ramp of a flyover heading towards Bengaluru,” another official said. KRDCL will also be constructing an elevated corridor passing through the junction.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress. Shared By Fancy Text Generator