Bengaluru: A youth from Udupi has stolen more than Rs 30 lakhs from an ATM at Byadarahalli.

After stealing the money, the youth allegedly had sent Rs 14 lac from the booty to his parents. The Udupi-based youth has been identified as Vinay Jogi. He has been arrested by Byadarahalli police, Bengaluru.

Vinay Jogi used to work for Secure Value Agency which undertakes the work of replenishing cash in ATMs on behalf of banks.

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During the auditing conducted in August this year, it was found that there was a shortfall of Rs 30 lakhs. It was also noted that during that month, Vinay had absented from duty and had switched off his mobile phone.

The agency grew suspicious about Vinay and informed the police. A team of police led by inspector Rajeev, arrested Vinay after probing the matter.

The police also succeeded in recovering Rs 25.5 lakhs from Vinay. Out of the stolen amount, he had sent Rs 14.5 lakhs by courier to parents. An amount of Rs 11 lakhs was remitted by him to accounts of people who had lent to him.