Two Arrested for Stealing Over ₹63 Lakh from ATM Cash Van in Mumbai
Two held for stealing Rs 63 lakh from ATM cash van
News 18
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Two men were arrested in Mumbai after stealing more than ₹63 lakh (approximately $76,000 USD) from an ATM cash van in Kandivali. The police recovered most of the stolen cash within six hours of the incident, which involved distraction tactics by one of the accused, an employee of the cash-handling company.
- 01The theft occurred on Tuesday night in Kandivali, Mumbai.
- 02The accused are Sushant Kasare, a cash-handling employee, and Sufiyan Razzab Ali.
- 03Kasare distracted the security guard to steal two bags of cash.
- 04Police recovered ₹62.74 lakh (approximately $75,000 USD) shortly after the theft.
- 05Investigation continues to identify any additional accomplices.
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On Tuesday night, a theft involving over ₹63 lakh (approximately $76,000 USD) occurred during a cash replenishment at an Axis Bank ATM in Kandivali West, Mumbai. The police arrested two suspects, Sushant Kasare (32), an employee of the cash-handling company, and Sufiyan Razzab Ali (23), within six hours of the incident. Kasare allegedly distracted the security personnel while he and Ali fled with two bags of cash. Quick police action led to the recovery of ₹62.74 lakh from their vehicle on the Mumbai-Goa Highway in Raigad district. Authorities are investigating further to uncover any additional individuals involved in the crime.
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This incident raises concerns about security measures for cash handling in urban areas.
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