Archive · 30 Jul 2026
DCC Bank Manager Allegedly Transfers ₹65 Lakh, Goes Missing
A man named Gururaj Shivaraj worked as a bank manager for 12 years.
He is accused of moving 65 lakh rupees from the bank’s account to his own account on March 31.
The bank noticed the move when he went on a long leave and a new manager checked the records.
Gururaj has not been seen for weeks and has turned off his phone.
Police have filed a complaint and are looking for him.
This case follows a big 12‑crore scam that happened in other branches of the same bank.
Customers are worried about how the bank is being run.
The police are trying to find Gururaj and recover the money.
The story shows how important it is to keep bank records safe.
Gururaj Shivaraj, 12‑year DCC Bank Lokapur branch manager, allegedly transferred ₹65 lakh from the bank’s SBI account to his personal IDFC Bank account on March 31.
The transfer was discovered after Gururaj went on extended leave and a new manager reviewed accounts.
Gururaj has been missing for weeks, has turned off his mobile phone for four days, and is untraceable.
An FIR has been registered at Lokapur Police Station and a search operation is underway.
The incident follows a ₹12‑crore embezzlement scandal involving other DCC Bank branches.
- Who
- Gururaj Shivaraj, 12‑year DCC Bank Lokapur branch manager
- What
- Allegedly transferred ₹65 lakh from the bank’s SBI account to his personal IDFC Bank account
- When
- Transfer on March 31; discovered after his extended leave
- Where
- Lokapur branch of District Central Cooperative Bank, Bagalkote district
- Why
- Alleged misuse of funds; internal review uncovered the transfer
- Accused
- Gururaj Shivaraj
- Amount siphoned
- ₹65 lakh
- Date of transfer
- March 31
- Bank involved
- District Central Cooperative Bank
- Police action
- FIR registered, search launched