Ankola: The Criminal Investigation Department (CID) has arrested Venkatesh Maji Gowda, a former manager of the Canara Bank's second branch in Ankola, for embezzling over Rs 2 crore from customers' accounts in November 2022.

The fraud was uncovered during an internal audit by senior bank officials, leading to a police complaint. Due to the complexity of the case, it was handed over to the CID three months ago. Investigators suspect possible involvement or negligence of certain NGOs, and further interrogations are expected.

CID Bengaluru Unit DySP R.S. Jagidar stated that the investigation requires another week to conclude, and additional suspects may be taken into custody.