Cash handlers flee with Rs 1.2 crore

Hyderabad:Two persons working with a cash management agency allegedly fled with Rs 1.20 crore. A case was registered at SR Nagar police station. According to police, the persons worked with the agency for a long time and were entrusted with a route in SR Nagar where they were supposed to deposit cash in various ATMs. The branch manager of the CMS Info Systems Limited, Naveen, approached the SR Nagar police and lodged a complaint after conducting an audit in the ATM centres. For two days, the two employees, Vasireddy and Lateef, were absent from work and their phones were not reachable. The manager further stated that an internal audit conducted at 31 ATMs in the SR Nagar area found a cash shortfall of Rs 1,20,98,500. A case has been registered at the SR Nagar Police Station. The police launched a manhunt for the absconding accused.