2 held for criminal misappropriation of over Rs 4 crore

New Delhi: Delhi Police on Wednesday said they have arrested two persons from Uttar Pradesh for their involvement in a case of criminal misappropriation of over Rs 4 crore. Police identified the accused as Dharmesh and his associate Ajay.

Police said that the case was filed by a company situated in Noida where Dharmesh used to work. On November 11, Dharmesh was deputed by the company to deposit cash of over Rs 4 crore in various accounts of a bank in Mayur Vihar Phase-I. DCP (east) Jasmeet Singh said that Dharmesh loaded the cashbox containing amount in cash van. Then he reached at HDFC bank by his own scooty. The cash van staff dropped the cash iron box and handed over it to Dharmesh on the road in front of HDFC Bank. Then cash van left for its further duty.

DCP Singh added that Dharmesh fled away with entire cash instead of depositing it in the bank. Later Dharmesh along with one Ajay were nabbed from Kurawali in Uttar Pradesh. The city police recovered more than Rs 3 crore from their possession.

Further during interrogation, Dharmesh told police that he grabbed the opportunity and the casual attitude of the officials of his company. There was no provision in the company to keep track of the custodian of the cash.

Also, the staff of cash van did not use to insist to sit custodian in the van. Many times custodian Dharmesh used his own scooty to travel from his office to bank after dispatching the cash van.

He used to deposit the cash receipt issued by the bank, on the next day in his company office. So he found it a suitable opportunity and conspired with his associate.