Private company manager arrested for stealing gold

NT Correspondent

Bengaluru: A manager of a private financial company in the city was arrested by the police on Thursday for allegedly stealing gold ornaments worth Rs 1.45 lakh. Siddesh was employed as a manager in the Nandini Layout branch of Manappuram Gold Company here.

According to the police, Siddesh had recently stopped coming to the office without any notice to the senior officials, raising their suspicion. During an audit, the company officials found 42 gram gold ornaments pledged by a customer missing from the locker.

An alarm was raised after which the manager was summoned by the police. Following an inquiry, it was revealed that Siddesh had allegedly stolen the ornaments and had left the company fearing that he might be caught, the police said.