Demonetization encourages the crimes Indirectly

     Written by : SMTV24x7 | Sat, Jan 21, 2017, 12:19 PM

Demonetization encourages the crimes Indirectly

Hyderabad, January 21: Nowadays, Under the impact of demonetization, The robberies are hiking rapidly. One of the robberies happened in Medchal.

While coming to details, employees of Bharat Petroleum bunk in Medchal conspired with criminals to carry out a daring robbery on December 12. Seven out of the 10 persons involved were arrested by Cyberabad police on Friday and Rs 2.6 lakh cash was recovered.

Deputy commissioner of police (Balanagar Zone) Y. Sai Sekhar said that bunk manager Satyanarayana, supervisors Sanjeev Reddy and Nalla Raju, along with home guard in Hyderabad police Shankar Naik, and other staff members Santosh Kumar, Bhaskar and Venkatesh were arrested. Three others, Shravan, Mallesh and Subba Raju are still absconding.

The accused had for long been siphoning off money. "They managed not to get caught by getting cash to replace the missing amounts when audits were done every month. Once the audits were done, they would again take away the money.

However, things changed with demonetization and they planned the attack, "Sai Sekhar said. In fact, after committing the crime, it was one of the accused who called '100' and informed the police about the dacoity.

The next day, Raju came to the petrol bunk and gave a complaint. Police said contrary to what was thought earlier, only Rs 4 lakh cash was stolen from the bunk. The total amount misappropriated over time is around Rs 22.9 lakh.