A driver attached to a private firm, depositing money in ATMs for various banks, is absconding, with Rs 1.37 crore worth of new 2000 Rupees notes in KG Road Upparpet West Bengaluru on Wednesday. The driver, who is yet to be identified, drove away from in front of Bank Of India (BOI) KG Road branch, afternoon around 1.30pm. Special teams have been formed to track down the driver and money, police said.

The driver, hired on contract, was with three others in the van. He allegedly went missing when the others went inside the Bank of India to collect more cash.

The bank’s zonal manager, Eshwarappa, said the company Logitech was responsible for collecting cash from different branches.

The driver has still not been found. More robberies have been reported after the notes ban on November 8, which meant that the two largest currency notes, Approximately 86% of Indian Currency  the cash in circulation, were suddenly Illegal.

At least Rs. 1.15 crore was stolen from a bank in Odisha on the weekend, all in banned Rs. 500 and Rs. 1,000 notes. There have been two robberies in Kashmir.

Feature Image: NDTV.com