The Uttar Pradesh Special Task Force (STF) apprehended the branch manager of a bank in Maharashtra in Lucknow. The manager, Girish Chandra Tiwari, reportedly absconded with gold valued at ₹2.5 crore, which had been deposited as collateral by individuals who had taken out loans.
According to STF officials, Tiwari invested the entire amount in a real estate company based in Lucknow. Tiwari hails from Machchlishahar, Jaunpur, and his family resides in Yaduvanshi Bhawan, Gomti Nagar, Lucknow. He had been serving as the branch manager of the Federal Bank on Meera Road in Thane, Maharashtra, having worked in various financial institutions since 2009. Tiwari permitted several individuals to take out gold loans during his tenure at the Meera Road branch, retaining the deposited gold for himself instead of returning it to the bank. Subsequently, he absconded with the entire gold sum in 2023, leading to the filing of an FIR against him at the Kashmira police station in Thane.
The STF apprehended Tiwari in Khewali Hasanpur village, Sushant Golf City, on the basis of information provided by the Maharashtra police. Following his arrest, Tiwari confessed to having invested the proceeds from selling the gold in Tronica Properties Solutions. He has since been handed over to the Maharashtra police for further legal action.