ATM Company loots Rs 10 crore for cricket betting

The agency that puts money in ATMs in twin cities, RCI Company, has itself looted Rs 10 crore and since been caught and the racket unearthed. The owner of the RCI company of Tukaramgate in Secunderabad escaped with the booty of Rs 10 crore in connivance of three employees. They indulged in cricket betting by spending Rs 5.5 crore of the amount, and the balance they used for buying cars and other items. They in fact resorted to the great robbery to put the money in cricket betting in the hope of making more money. But in the event, they lost more than half of the booty. The Tukaramgate police did the investigations and the case has been transfered to the Cyber crime wing of the police. All the gang members have been sent to police remand.