Overview

• Dhanraj Jitendra Bhoir, an operator with Hitachi Cash Management Services, was arrested on July 4 under Bharatiya Nyaya Sanhita charges of criminal breach of trust over alleged misappropriation of ₹1.90 crore.
• An internal audit in late June uncovered significant cash shortfalls in 16 ATMs across Kalamboli, Kamothe and Kharghar managed by Bhoir, triggering a police complaint.
• Between February and June, Bhoir is accused of diverting funds intended for routine cash refills and using the money for personal benefit.
• He remains detained at Kalamboli police station pending efforts to recover the stolen funds and determine any involvement of accomplices.
• The case highlights weaknesses in private ATM cash-management systems and coincides with broader law enforcement crackdowns on internal fraud and ATM theft rings.