Police have arrested a contractor accused in the embezzlement of ₹2.41 crore from customers’ accounts at an Indian Bank branch, nine months after the case came to light, officials said on Sunday. The accused was arrested on Saturday morning from Mustafabad Road, ahead of Nagla Jat.
Inspector Rajesh Pandey of Jasrana police station said the arrested accused has been identified as Ravish, a resident of Farida village under Eka police station limits. He was currently residing in Gokul Dham Colony near the service road in Shikohabad police station area. Ravish had been absconding since the registration of the case.
The case was registered on March 27, 2025, on a complaint filed by Indian Bank’s regional head, Tarun Kumar Vishnoi, against the then branch manager Raghavendra Singh and cashier Jai Prakash Singh for siphoning off money from customers’ accounts.
Four days later, on March 31, 2025, police arrested cashier Jai Prakash Singh, Akash of Jasrana town, Veer Bahadur of Shivnagar, Kotwali Nagar, Mainpuri, Praveen Kumar, and his father, Home Guard Kunwarpal Singh, residents of Bhairi village under Jasrana police station.
Subsequently, on April 12, 2025, Sukhdev, an associate of the branch manager, was arrested and sent to jail. All these accused have since been convicted by the court. About a week ago, police also arrested another absconding accused, Somil, and sent him to jail.
Inspector Pandey said two other accused, former branch manager Raghavendra Singh and Nilesh Singh, are currently out on bail granted by the High Court.
During the investigation, Ravish’s name surfaced after it was found that large sums of money had been transferred into his bank account from accounts involved in the fraud. Ravish is a contractor and runs a firm named OP Construction. Police said a supplementary chargesheet against the remaining accused will be filed in court soon.