Bantwal: Bank of Baroda Perne branch official accused of Rs 71 lac ATM misappropriation


Daijiworld Media Network – Bantwal

Bantwal, Jan 3: A case has been registered at Uppinangady police station in connection with the alleged misappropriation of cash and gold at the Bank of Baroda branch in Perne village of Bantwal taluk.

According to the complaint, the incident pertains to the period between September 4, 2023, and December 19, 2025. The accused, Subrahmanyam (30), a resident of Pulugujju, was serving as the joint manager at the Bank of Baroda, Perné branch, and was entrusted with the responsibility of ATM supervision.

It is alleged that between February 6, 2024, and December 16, 2025, the accused failed to deposit the stipulated amount of cash into the ATM and instead deposited a lesser amount, thereby misappropriating Rs 70,86,000. Further, during a safe locker inspection conducted on December 19, 2025, the misappropriation of gold weighing 4.400 grams, valued at Rs 55,000, came to light.

Soon after the cash misappropriation was detected, the accused allegedly left without informing anyone on December 17, 2025. The total value of the alleged fraud amounts to Rs 71,41,000.

Based on a complaint lodged on December 23, 2025, by the complainant, C V S Chandrashekar (50), regional manager, Bank of Baroda, Jeppu, Mangaluru, a case has been registered at Uppinangady police station under Crime No. 121/2025. The case has been booked under Sections 314, 316(5) and 318(2) of the Bharatiya Nyaya Sanhita (BNS)–2023, and further investigation is underway.

 

 

 

 

  

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Title: Bantwal: Bank of Baroda Perne branch official accused of Rs 71 lac ATM misappropriation



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