A bank manager, who had been absconding for two years in a case of embezzlement of Rs 45 crore, has been arrested by the Lucknow police.

The accused, Akhilesh Kumar (42), had a case lodged against him at Krishna Nagar police station by Manoj Kumar Meena, the regional office head of Canara Bank (Vipin Khand).

The accused was holding the post of bank manager at Alambagh branch office when he committed the fraud. Akhilesh Kumar had gone into hiding after his name surfaced in the crime and has been untraceable since then.

Advertisements

Deputy Commissioner of police (DCP), central zone, Aparna Kaushik, had announced a reward of Rs 25,000 on his arrest but his whereabouts could not be ascertained.

“We had declared him an absconder after an FIR was lodged against him,” said ACP, Krishna Nagar, Pankaj Srivastava.

However, a police team was tipped off on Monday about Akhilesh Kumar’s presence in Krishna Nagar area after which the officials swooped down and nabbed him.He owned up his crime and disclosed that he had used the money in purchasing lands, goods and other items. A senior police officer revealed that when Akhilesh Kumar was the branch manager, some persons, identified as Manoj Kumar, Raj Duggal, Amit Dubey, and Sanjay Agarwal, had opened accounts in his branch in 2019.

They later told Akhilesh Kumar that they wanted to get a fixed deposit (FD) of Rs 41 crore done in the name of the National Highway Authority of India (NHAI).

Advertisements