Lucknow: A cashier working at a bike showroom in Alambagh has been accused of embezzling ₹63.72 lakh belonging to the company over a period of several months. The showroom management has lodged a complaint alleging that the employee withdrew cash from the business accounts between June and October last year and failed to deposit the money in the bank. Following a review of financial records, the irregularities came to light and a criminal case has been registered. Police have started searching for the accused.
Allegations Surface at Alambagh Showroom
According to the complaint filed by the showroom director Gagandeep Deep Singh Narula, Akash Srivastava, who was working as a cashier at Shreya Auto World bike showroom located in Adarsh Nagar, Alambagh, was responsible for handling cash counter operations and banking transactions. The management alleges that the accused misused the authority entrusted to him and carried out multiple cash withdrawals during his employment period.
The investigation conducted by the showroom’s internal audit team revealed that the accused allegedly withdrew cash from the showroom on several occasions between June and October but did not deposit the amount in the company’s bank account. Initially, the matter was suspected to be a minor accounting discrepancy, but repeated inconsistencies in transaction records raised suspicion, prompting a detailed financial review.
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Audit Findings and Missing Deposits
During the verification of bank statements and cash transaction records, the management found that the withdrawn amount was not reflected in the deposit entries. According to the complaint, there was no official deposit slip or accounting record confirming that the money had been transferred to the company’s bank account.
The company management stated that the cashier was given financial responsibilities based on trust, but the alleged act amounted to a breach of that trust. After identifying the suspected irregularities, the showroom authorities approached the Alambagh police station and lodged a formal complaint against Akash Srivastava.
Police Case Registered, Search Underway
Police officials said that a case has been registered against the accused under charges of criminal breach of trust and financial fraud. Efforts are being made to trace the whereabouts of Akash Srivastava, and raids are being conducted at possible locations. The police are also examining the accused’s mobile call records and bank account details to track the movement of the alleged embezzled funds.
Investigators are trying to determine whether the embezzled money was transferred to any other person’s account or used through multiple transactions. Authorities have requested detailed financial documents from the concerned bank branch to analyze the pattern of withdrawals and possible fund diversion.
Expanding Investigation and Internal Reforms
Statements of showroom employees are also being recorded as part of the probe. The management suspects that the accused may have executed a planned strategy by withdrawing small amounts over several months to avoid immediate detection.
The company has also started reviewing its internal financial security system after the incident. Management officials said that cash transaction monitoring mechanisms would be strengthened and job responsibilities of employees handling financial operations would be clearly defined to prevent similar incidents in the future.
Police said that the exact amount of misappropriated money and the final destination of the funds would be known only after the arrest and detailed interrogation of the accused. The investigation is ongoing, and further action will be taken based on the findings of the probe.
