Bank executive arrested for stealing gold worth Rs 27 lakh mortgaged by customers

Synopsis
Sachin Arun Kalan, a 29-year-old bank executive, was apprehended in Thane district on June 6 for allegedly stealing gold worth Rs 27 lakh. Kalan, employed at a private bank in Ambernath East, reportedly misappropriated gold ornaments pledged by customers between May and May 26 while managing gold loan cases.
"Between May and May 26, Kalan, as the bank's relationship executive, was handling gold loan cases. During this period, he took away gold ornaments worth Rs 26.90 lakh that had been mortgaged by customers who had availed loans. A detailed probe is underway to cover all aspects of the crime," he said.
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