The van driver of a logistics company, who had allegedly fled with Rs 1.37 crore collected from banks last week, was today apprehended by the police.
Out of Rs 1.37 crore, the police said it is yet to trace the remaining Rs 12.92 lakh.
"The driver, Dominic Selvaraj Roy, who had fled with the cash van, was arrested by Upparpet Police this morning near tin factory situated at K R Puram, but we are trying to trace the remaining Rs 12.92 lakh," DCP West Anucheth told reporters here.
Police yesterday had nabbed his wife Evlin and recovered Rs 79.80 lakh from her possession.
In a daring daylight heist on November 23, Dominic, who was hired by Logicash, an outsourcing agency, had driven away the van carrying the cash when two other employees had gone to a bank at the heart of the city to collect money.
The accompanying security personnel had told police that they gone to attend to the nature's call when the driver fled the spot.
A day after the heist, the van was found abandoned at Vasant Nagar and police had recovered Rs 45 lakh of the Rs 1.37 crore, the police official said.
Replying to a query, Anucheth said the accused had spent some part of the money on buying clothes, lodging, boarding and also to repay loans.
Anucheth said after carrying out the heist between 12 noon to 1 pm on November 23, Dominic drove the van to Vasant Nagar.
Since the other two trunks were large, he picked up a small trunk with Rs 92 lakh and abandoned the van at Vasant Nagar, Anucheth said.
Dominic broke open the small trunk near Krishna Floor Mills at Banaswadi and stuffed Rs 92 lakh in a gunny bag and walked to his house, a km away, Anucheth said.
After getting the money, Evlin and her son travelled to Vellore and proceeded to Chennai to visit her relative's house, the police official said.
From Chennai, Evlin and her son went to Coimbatore and from there to Chalakudy, a place near Thrissur, and travelled to Vijaywada, Anucheth said.
From Vijaywada, they returned to Bengaluru on November 27, the official added.
Anucheth said it was a planned heist.