Two employees of a cash loading company hired by SBI were arrested for allegedly swindling Rs 1.25 crore here on Tuesday night. Liquid cash Rs 50,000, promisary notes, cheques and bond papers were recovered from them.
Mancherial ACP R Prakash and Inspector R Bansilal said that Bodakunta Mohan from Nelki Venkatapur village in Dandepalli mandal and Renikuntla Purnachandar belonging to Housing Board Colony in CCC of Naspur were apprehended for misappropriation of cash in a phased manner. They were custodian officials of CMS.
Their act came to light when officials carried out an audit and found that Rs 1,25,24,400 were misused by the employees.