An FIR has been filed against deputy branch manager Sushank Jain and cashier Jignesh Patel, working at Changodar branch of the bank, Police Inspector M M Ganguli said.
The allegedly fled with the cash late on Monday night.
"They were custodian of the keys of the bank's cash box in which they were tasked with depositing the money. However, they entered into a criminal conspiracy and fled with the money on Monday night. When they remained untraced, we filed an FIR late last night," Ganguli said.