Bank Employee Arrested for Stealing 8.7 Crore Rupees from RBI Treasury in Ahmedabad

The primary claim that a bank employee stole 8 crore 70 lakh rupees from the RBI treasury in Ahmedabad, Gujarat, is fully supported by the provided web context [1][2][3][4][5][6][7]. The employee, Harsiddh Kadiyar, a joint custodian at Bank of Baroda, was arrested for this theft [2][4][7].

The claim that the employee used the stolen money to buy a bungalow, a commercial vehicle, and a shop is also supported. Sources mention a bungalow worth Rs 2 crore in Chandkheda, a shop worth Rs 1.40 crore, and a tempo or commercial vehicle [1][2][4].

The detail that he gave 23 lakh rupees to a female colleague for a house is corroborated [1][2]. One source mentions an additional 5 lakh rupees given to the colleague, totaling 28 lakh rupees [1][4].

The arrest date of May 22nd is confirmed [1]. The employee confessed to the crime and stated he spent 4 crore rupees of the stolen money [1].

However, the sources also detail other expenditures and investments, including over Rs 1 crore in cryptocurrency [2][4], and the total value of assets purchased (bungalow, shop, vehicle) is over Rs 3.5 crore [2][4]. This makes the exact amount spent unclear, but the confession of spending 4 crore is noted [1].

The employee's wife being a railway police constable is confirmed [1][2]. CCTV footage showing the employee loading boxes filled with money onto a trolley is also supported by the sources [1][2][4].

Finally, the discovery of a car outside the accused's house containing 2 crore 20 lakh rupees in cash is verified [1][2][4].