Acting on Axis Bank’s complaint, the Rabale police registered a case against a resident of Ahmedabad for refusing to return ?20.72 lakh, which the bank had accidentally transferred to his account. The police said that Life Insurance Corporation has a current account with Axis Bank and it deposited 12 cheques worth ?20.72 lakh at the bank’s Knowledge City Park branch in Airoli in August 2017. The money was to be transferred to the bank’s Chandkheda branch in Ahmedabad. Senior Police Inspector Sanjay Godse said, “The amount was not credited to the LIC’s account in Ahmedabad. When LIC enquired, the bank verified the transaction and found that one of its officials entered a wrong digit while keying in the 12-digit account number. Instead of ‘2’, he entered ‘1’, causing the money to be sent to an account belonging to one Chintan Vikrambhai Patel.” The bank found that Mr. Patel had withdrawn the amount from the account. The bank contacted Mr. Patel and asked him to return the amount, but he refused to do so. When Mr. Patel failed to return the money even after several notices, the bank approached Rabale police on Thursday and registered a case against Mr. Patel. Mr. Godse said, “Prima facie, it seems to be an accident by the banker. When we question Mr. Patel, we can confirm if there is any mischief involved.” The case against Mr. Patel was registered under Sections 420 (cheating) and 406 (criminal breach of trust) of the Indian Penal Code.

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