PNB manager held in Rs 6.5 crore gold loan scam case
Rajasthan Police have arrested Amit Jangid, the main accused in the Rs 6.50 crore gold loan scam at the Punjab National Bank (PNB) Nawalgarh branch in Jhunjhunu district. Jangid, who was serving as the bank manager at the time of the fraud, was apprehended near Mathura railway station in Uttar Pradesh.
According to police, the accused also attempted to flee from custody, but the police team chased and detained him before he could escape.
The case came to light on February 3, following which an FIR was registered against Amit Jangid, another official Santosh Kumar Saini, and Deputy Manager Anantprakash Chaudhary. Police have also arrested Santosh Saini. Preliminary investigations indicate that the fraud was executed through the collusion of Jangid and Saini. After the scam surfaced, Amit Jangid went absconding.