A group posing as RBI officials stole ₹7.11 crore in cash from a CMS vehicle in Bengaluru, leading to an ongoing police investigation for potential collusion.

A group of men allegedly posed as officials from the Reserve Bank of India (RBI) and commandeered a vehicle carrying more than ₹ 7.11 crore in cash near the Ashoka Pillar in broad daylight on Wednesday, said police, adding that the vehicle was later found abandoned with the cash missing.

A senior police officer in the know said the incident occured when a van, operated by a cash management services (CMS) company, was allegedly intercepted by a Toyota Innova and diverted from its planned route. The location where the van stopped was a surveillance “blind spot” with little CCTV coverage, added the officer.

According to city police

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