Ram Swaroop, working in a textile company, had resorted to embezzlement of company funds to the tune of Rs 70 lakh
Hyderabad: The Charminar police nabbed an employee of a textile company on charges of fraudulent activities and embezzlement of Rs 70 lakh pertaining to the company and seized a country-made firearm and five live rounds from him.
The arrested person is Ram Swaroop (22), a billing operator at Rajlaxmi Textiles and resident of Mangalhat while the absconding suspect is Mohan Ram from Rajasthan. Police said Ram Swaroop over a period of time, had resorted to embezzlement of company funds to the tune of Rs 70 lakh.
Based on a complaint from the management, a case was booked and he was nabbed.
