Two employees of the firm and another person have been arrested in connection with the case, said the official.
The two accused Anil Kondaskar and Mayur Vichle worked for a firm, which acted as a facilitator between the bank and customers. They used to collect money from the firm's clients and deposit it in their bank account, said DCP Zone XII Kirankumar Chavan said.
The duo in connivance with their friends staged a plan to steal the money, said the official.
The employees then approached Aarey police station and lodged a complaint in this regard.
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Upon sustained interrogation, Anil and Mayur confessed that they committed the crime in connivance with their friends Prasad Patil and another person, who is still absconding, the DCP said.
They were produced before a local court today which sent them to police custody till Monday.
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