At least Rs. 1.15 crore worth of cash in now defunct Rs. 500 and Rs. 1,000 notes was stolen from the Odisha Gramya Bank's office in Dhenkanal, police said today.
The occurrence became known today when the bank authorities opened the bank after the two-day weekend holiday, Abhinav Dalua, inspector in-charge of Dhenkanal Town Police Station said.
Of the about Rs. 8 crore in old cash notes in the bank Rs. 1.15 crore is lost from an iron box, he said.
The missing currency was in banned Rs. 500 and Rs. 1,000 notes, Dhenkanal SP Basant Kumar Panigrahi said, before including "We are looking at the CCTV footage".
"We unequivocally presume the inclusion of a few insiders. We are astonished to find that about Rs. 7 crore was still in place in the solid room. All the trade had been stashed out three gigantic boxes," he said.
The branch is found a short distance far from the Dhenkanal Town police headquarters.
Police have shaped exceptional groups to arrest the criminals.