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  4. CBI searches 25 locations after coin worth Rs 11 crore missing from SBI vaults in Rajasthan

CBI searches 25 locations after coin worth Rs 11 crore missing from SBI vaults in Rajasthan

Coins worth Rs 11 crore missing: The searches were spread across 25 locations in Delhi, Jaipur, Dausa, Karauli, Sawai Madhopur, Alwar, Udaipur and Bhilwara at the premises of around 15 former bank officials and others, they said.

Abhro Banerjee Edited By: Abhro Banerjee @AbhroBanerjee1 New Delhi Published on: August 18, 2022 18:47 IST
The coins went missing from the vaults of an SBI branch in
Image Source : FILE The coins went missing from the vaults of an SBI branch in Rajasthan.

Coins worth Rs 11 crore missing: The Central Bureau of Investigation (CBI) conducted searches at 25 locations in connection with a case of coins worth Rs 11 crore going missing from the vaults of an SBI branch in Karauli in Rajasthan, officials said Friday. The raids were conducted on Thursday. 

The central agency had registered the case on April 13 following an order of the Rajasthan High Court, they said. The searches were spread across 25 locations in Delhi, Jaipur, Dausa, Karauli, Sawai Madhopur, Alwar, Udaipur and Bhilwara at the premises of around 15 former bank officials and others, they said.

The matter came to light after the State Bank of India (SBI) branch decided to carry out counting of money after a preliminary enquiry indicated a discrepancy in its cash reserve in August 2021.

The counting was outsourced to a private vendor, which revealed that over Rs 11 crore worth of coins were missing from the branch. Only 3,000 coin bags carrying about Rs 2 crore could be accounted for and were transferred to the RBI's coin holding branch.

Also Read: Guj: Armed men rob bank by holding staff at gunpoint in Bharuch; four held

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