Police on Wednesday arrested two members of a gang that siphoned off Rs 8 crore from different branches of a nationalised bank with fraudulent cheques. active and giving shape to similar frauds targeting many nationalized banks The gang has been active for quite some time and the two arrests are just the tip of the iceberg."there was an indication that the gang was active in Bihar as well as the other states since around two years now. bulk of money has been taken out of the accounts of a DAV school in Gardanibagh and the Bihar Chemists and Druggists Association too."

Khuswaha said the bank had started an inquiry to identify the employees involved in the fraud. and the police too are trying to identify the bank employees involved in this scam. The whole racket will be unearthed soon."

Life term

Additional district and sessions judge Krishna Pratap Singh sentenced five persons, including Maheshwar Manghi and Dinesh Manghi, residents of Jhaichak under Parsa Bazaar police station, to life imprisonment in connection with the May 20, 2010, murder of Sushil Manghi.