Jharsuguda: Authorities have taken four individuals into custody, including a cash executive from Radiant Cash Management Services Ltd., for allegedly orchestrating a hoax robbery to misappropriate funds collected from clients in Jharsuguda district, officials reported on Saturday.
During a press briefing, Jharsuguda Superintendent of Police Gundala Reddy Raghavendra detailed that Pinku Suna, also known as Sana, aged 33, was tasked with collecting cash from customers and depositing it into a bank. On August 18, Suna reportedly collected Rs 5,38,697 but failed to deposit the funds.
Further investigation revealed that an earlier amount of Rs 3,59,447 had also not been deposited. When confronted by company officials, Suna allegedly claimed that unknown assailants had robbed him of over Rs 5.38 lakh near a showroom in Badamal.
After noticing discrepancies in his account and concerns over the previous outstanding amount, the company filed a complaint with the Badamal police. In response, police formed three teams under the SP’s direction to review CCTV footage and other forensic evidence.
The inquiry reportedly uncovered that the robbery was a fabricated scheme as part of a premeditated conspiracy. Authorities stated that Suna had given the collected cash to his accomplices before fabricating the story of the robbery.
The other suspects were identified as Manoj Nanda, 22, Ravi Suna, 29, and Anand Tandia, 35, all hailing from Sundaragada district. Law enforcement recovered Rs 4,89,700 in cash, five mobile phones, and two motorcycles from the suspects.
A case (297/2026) has been filed at the Badamal police station. The investigation is ongoing, and all four suspects were presented in court on Saturday.
