Excelsior Correspondent
JAMMU, June 24: In a shocking case of financial fraud, Jammu Police have launched a detailed investigation into a bizarre incident involving the premature encashment of Fixed Deposits (FDs) worth lakhs of rupees from a private bank branch in Lower Roop Nagar, Janipur area of the city.
According to police, a widow approached Janipur Police Station with a complaint alleging that two of her FDs—one amounting to Rs 25 lakh and the other Rs 14 lakh, totalling Rs 39 lakh—were prematurely broken without her knowledge or consent, and the funds were fraudulently withdrawn. The woman had held the FDs with HDFC Bank’s Lower Roop Nagar branch.
Following the complaint, police registered a case under FIR Number 91/2025 and initiated an investigation. During preliminary inquiries, officials discovered that the complainant’s son, who is reportedly employed as a banker in the same branch where the FDs were maintained, is a prime suspect in the case.
“Her son is currently absconding,” a senior police official confirmed, stating that his role in the suspicious withdrawal of funds has surfaced prominently during the probe.
Further investigations have revealed another suspected instance of FD fraud, prompting the Bank itself to lodge a separate complaint. Based on the Bank’s report, police have registered an additional FIR under relevant sections of law.
“We are thoroughly investigating all aspects of the case and a manhunt has been launched to trace and apprehend the absconding banker,” the police spokesperson said, adding that more revelations are expected as the investigation progresses.
The incident has sparked serious concerns about internal lapses and trust within banking institutions, particularly where family members are involved in financial matters.
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