Rs 4.58 crore siphoned off - over 100 accounts of customers accessed - fixed deposits broken: This is not some movie plot - it’s a stunning fraud that a former ICICI Bank relationship manager pulled off! The multi-crore fraud continued for over two years.The accused, Sakshi Gupta, who served at ICICI Bank’s Shriram Nagar branch in Kota's DCM area from 2020 to 2023, was taken into custody by Udhyog Nagar police on May 31, 2025 after a thorough investigation.According to a TOI report, police records indicate that the fraudulent activities were initially discovered on February 18.Following ICICI Bank's internal probe that identified Sakshi Gupta, who previously worked as a relationship manager at the bank's DCM branch in Kota, as the primary suspect in a significant financial fraud affecting customer accounts, the Kota police have begun their enquiry.

The authorities are examining potential accomplices and have asked the bank to furnish pertinent documentation.

After identifying irregularities, bank manager Tarun Dadhich registered a complaint, which led to a comprehensive audit and subsequent police investigation."She systematically transferred funds, sometimes using the account of an elderly woman who had no knowledge of the activity as a pool account," said sub-inspector Ibrahim of Udhyog Nagar police station.

"By mid-February 2023, over Rs 3 crore had passed through that single account."Following a one-day police custody, Gupta appeared before the court and was sent to judicial custody. The police continue their enquiries into the matter.A representative from ICICI Bank said, "The interest of our customers are of paramount importance to us. Immediately upon discovering the fraudulent activity, we filed an FIR with the police. We have a zero-tolerance policy against any fraudulent activity and thus suspended the employee involved. We would like to reassure that genuine claims of impacted customers have been settled."