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Telangana SBI branch hit by massive fraud; cashier steals 20 kg gold, ₹1.1 crore cash

Background of the accused

Ravinder, a B.Tech graduate from Basara Triple IT, joined SBI as a cashier in 2017. Police investigations suggest he fled with the stolen assets, investing part of the funds in other banks and finance companies before going into hiding.

Online betting and movie inspiration :thinking-face:

The investigation revealed that Ravinder, a father of two, had amassed significant debts from online betting. Authorities suspect he drew inspiration from the movie Lucky Bhaskar, reportedly believing he could quickly gain wealth by defrauding the bank.
 
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