📷 Image: Wikimedia Commons / Raimond Spekking
Crime
Bank of India Branch in Bagh, MP Reports Rs 46 Lakh Cash Theft by Former Cashier
✍️ Amar Ujala · Madhya Pradesh
🗓 01 Sep 2026, 05:36 PM
👁 2
A Bank of India branch in Bagh, Madhya Pradesh, reported that cash worth Rs 46 lakh went missing after a cashier absconded with the vault key. The branch manager filed a police complaint late at night and investigators are awaiting a report.
A Bank of India outlet in the town of Bagh, Madhya Pradesh, discovered a shortfall of Rs 46 lakh in its cash reserves on Monday. According to the branch manager, the missing amount was identified after routine cash reconciliation, and the vault key was found to be missing as well.
Preliminary inquiries point to a cashier who was responsible for handling the vault. The employee is alleged to have taken the key and fled the premises, leaving the cash unaccounted for. No other staff members have been implicated, and the bank has not disclosed the cashier's identity.
The branch manager lodged a formal complaint at the local police station late in the night, providing a written application and the initial findings of the internal audit. Police have registered a case under theft and are conducting a forensic examination of the vault and CCTV footage. The investigation remains ongoing, with officials stating that further action will be taken once the investigative report is submitted.
Bank of India officials have assured customers that the incident is being treated with utmost seriousness and that security protocols are being reviewed to prevent recurrence. The bank has also promised to keep the public informed as the case progresses.
Preliminary inquiries point to a cashier who was responsible for handling the vault. The employee is alleged to have taken the key and fled the premises, leaving the cash unaccounted for. No other staff members have been implicated, and the bank has not disclosed the cashier's identity.
The branch manager lodged a formal complaint at the local police station late in the night, providing a written application and the initial findings of the internal audit. Police have registered a case under theft and are conducting a forensic examination of the vault and CCTV footage. The investigation remains ongoing, with officials stating that further action will be taken once the investigative report is submitted.
Bank of India officials have assured customers that the incident is being treated with utmost seriousness and that security protocols are being reviewed to prevent recurrence. The bank has also promised to keep the public informed as the case progresses.