Police say branch manager and cashier of Krishna District Cooperative central bank in Andhra Pradesh have been taken into custody as they had swindled 2.5 crore out of the customers’ deposit.
Police have recovered about Rs 62 lakh from the accused bank officials and begun investigating the matter.
Sources say, the incident immediately got politicized and the depositors of the bank began blocking traffic on the roads.
They were demanding an exemplary punishment for the guilty.