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Business News/ News / India/  Man arrested for stealing from 140 ATMs of South Indian Bank in Kochi
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Man arrested for stealing from 140 ATMs of South Indian Bank in Kochi

A man was nabbed by Kochi Police for stealing ₹25,000 from 140 ATMs of South Indian Bank in Kochi on Saturday

A man has been arrested by police in the South Indian Bank of Kochi, ATM theft case (HT)Premium
A man has been arrested by police in the South Indian Bank of Kochi, ATM theft case (HT)

Kochi police on Saturday arrested a native of Uttar Pradesh for allegedly stealing money from 140 ATMs of South Indian Bank in Kochi, said a statement by the Bank.

The accused had been identified as Mubarak and had stolen 25,000 via seven transactions on August 18-19, added the statement.

Also Read: 42% Indians experienced financial fraud in last 3 years, reveals survey

The South Indian Bank's statement reads, "the South Indian Bank Ltd (SIB) at this moment issues clarification on some media reports concerning incidents in the Bank's ATMs, located in Ernakulum City and its vicinity."

The accused person was reported to have obstructed the machine's cash dispensation mechanism by placing an object, just in front of the shutter seemingly blocking the cash, read the statement.After the customers left the ATM premises, the accused removed the object and took out the dispensed money.

Also Read: SBI debit card lost or stolen? Steps to block it and request a new one

"As soon as these stray incidents were reported in our ATMs, the Bank took necessary measures to prevent such incidents and forthwith filed a Police complaint before the Kalamassery police station. The Bank had also filed a complaint before the Director General of Police (DGP) and before the City Commissioner of Police, Ernakulam, requesting to nab the culprit/s involved, at the earliest," as per a statement by the bank.

The statement further said, "police have shown great alacrity and arrested the accused involved in the stray incidents on August 26, 2022, and thus averted repetition of such incidents in other Bank ATMs."

Also Read: A pet dog prevented robbery in Axis Bank ATM

"All the complaints received from the customers connected to this incident have been duly attended to and the Bank has refunded the amount," as per the statement.

"Additionally, the Bank has proactively identified, such incidents and without waiting for the customer complaints, refunded the amounts," the bank said.

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This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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Updated: 28 Aug 2022, 05:21 AM IST
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