Archive · 3 Sep 2026
Bank Cashier Arrested After ₹45.20 Lakh Missing in Bagh Vault
A bank in Bagh was found to be short of ₹45.20 lakh.
Police say the money was allegedly taken from the bank’s cash vault.
The bank’s chief cashier, Hitesh Ningwal, was arrested.
The branch manager reported the suspected missing money to police.
Ningwal had reportedly left with the vault keys.
Police used a duplicate key to check the vault and confirm the shortage.
He was found after travelling through Khalghat and Nimrani.
A court allowed police to question him while they investigate what happened to the money.
Bank of India chief cashier Hitesh Ningwal was arrested over an alleged ₹45.20 lakh embezzlement.
Branch manager Mayur Dubey filed a complaint on September 1, 2026.
Police said the cash shortfall was discovered after a duplicate vault key was obtained.
Ningwal was reportedly traced near his car after travelling from Indore to Khalghat and Nimrani.
A Kukshi court granted police remand while investigators pursue the money and possible accomplices.
- Who
- Bank of India chief cashier Hitesh Ningwal was arrested after a complaint by branch manager Mayur Dubey.
- What
- Police are investigating the alleged embezzlement of ₹45.20 lakh from the bank’s cash vault.
- When
- The complaint was lodged on September 1, 2026; the arrest followed shortly afterward.
- Where
- The alleged shortage involved the Bank of India branch in Bagh, Madhya Pradesh; Ningwal was spotted near his car at Khalghat.
- Why
- Police allege that the cash was misappropriated and are investigating the missing money, possible accomplices and related evidence.
- Missing amount
- ₹45,20,000
- Bank
- Bank of India, Bagh branch
- Accused
- Hitesh Ningwal, chief cashier
- Complaint date
- September 1, 2026
- Police case
- Crime No. 287/2026 under Sections 316(5) and 344 of the Bharatiya Nyaya Sanhita
- Court action
- A Kukshi court granted police remand
- Investigation status
- Police are questioning Ningwal and attempting to recover the money