Three persons were arrested, including an employee of the ICICI Bank, on charge of snatching Rs 80 lakh from two employees of a rice trader, police said on Tuesday.
Rs 44.74 lakh of the looted money was recovered by the police from accused bank official Ajit Singh, 24, Aashu Srivastava, 30, and Mukesh Pal, 26, police said.
Aashu and Mukesh run a cloth store in Rohini area of west Delhi.
The snatching occurred near an underpass at Shakur Basti in west Delhi's Punjabi Bagh area on July 28 when rice trader Ved Prakash's employees Aman and Sonu were on way to a bank to deposit the money.
Both were intercepted by six to seven unidentified persons on bikes who snatched the bag containing cash.
Deputy Commissioner of Police (West) Pushpendra Kumar told reporters: "Ajit leaked the information to his friends Aashu and Mukesh about Ved Prakash's employees carrying Rs 80 lakh."
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Police said Ajit also tipped-off Mukesh, Monty, Puneet Anand and Sushil Sharma.
"An analysis of the call detail records of Ajit and Aashu revealed they were in touch on the day of the crime," the officer said.
"They admitted to their crime and disclosed that they had distributed the booty among themselves," Kumar said.
--IANS
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