Overview
- On November 19, men posing as RBI and Income Tax officials intercepted a CMS cash van near Ashoka Pillar and fled with ₹7.11 crore after dropping staff near Dairy Circle.
- Police say seven suspects are now in custody, including a serving constable and former CMS employees, with the latest arrest late Saturday linked to an accused already held.
- Total recoveries stand at about ₹6.29 crore, vehicles used in the crime have been seized, and officers are still searching for remaining cash and suspects across southern states.
- Bengaluru Police formed 11 teams and deployed roughly 200 personnel, using CCTV analysis, vehicle trails and call records to identify suspects within 24 hours and make arrests within 54 hours.
- Officials are examining procedural lapses at CMS, including a non-functioning GPS and delayed reporting, and the Home Minister said adherence to RBI guidelines and possible action are under review.