Cash Van Staffer Arrested for Stealing Rs 62.7 Lakh in Mumbai
Cash Van Staffer Arrested for Stealing Rs 62.7 Lakh

A staffer of one of India's leading cash management firms was arrested along with his associate for stealing Rs 62.7 lakh from a cash van in Kandivali West, Mumbai, recently. The money was intended to be loaded into bank ATMs, according to police. Most of the stolen amount has been recovered from the duo.

Incident Details

The theft occurred on April 1 around 9:40 pm on MG Road in Kandivali West. The cash van was parked outside an ATM for loading cash. When the guard and his colleagues were occupied, the accused, Sushant Kasare, 32, slipped away with two bags of cash. He was provided a getaway vehicle by his associate, Sufiyan Ali, 23.

Investigation and Arrest

After the Kandivali police received a complaint that two cash bags containing Rs 62.7 lakh were stolen, an FIR was registered. Teams were formed to examine CCTV footage. Officers visited the location and questioned Kasare's colleagues. While reviewing footage from multiple cameras, police spotted a red car that Kasare had taken and stashed the money inside. The car was moving towards Mahad in Raigad district. Police followed the vehicle and alerted their counterparts in Raigad. Kasare's car was intercepted at Babhli village in Pen.

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"Kasare and Ali were both arrested," said ACP Neeta Padvi. Within six hours, most of the stolen cash was recovered. Police are now checking whether the accused have a criminal background.

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