Faridkot police arrest accomplice in Rs 14 crore bank embezzlement case

In the fraud case in SBI’s Sadiq branch in the district, the Faridkot police today claimed to have arrested Abhishek Kumar Gupta, a close accomplice of Amit Dhingra, a clerk in the bank, from his flat in Ghaziabad. Investigations revealed that Dhingra had transferred about Rs 1.5 crore worth of property — a flat in Ghaziabad — to Gupta. Additionally, around Rs 10 lakh in cash had been credited to Gupta’s account, and furniture and decor valued at approximately Rs 40 lakh in the flat were also subject to sealing. With Gupta’s arrest, assets worth roughly Rs 2.50 crore in movable and immovable property have now been seized. Preliminary financial links to other accused individuals amounting to an estimated Rs 2 crore have also been uncovered, and further financial probes are underway, said Dr Pragya Jain, SSP Faridkot.

The scandal surfaced in late July 2025 when discrepancies in fixed deposits and Kisan Credit Limit accounts at SBI’s Sadiq branch in Faridkot drew attention. It was revealed that long-serving clerk Amit Dhingra had allegedly siphoned off funds — initially estimated at Rs 6 crore from more than 130 accounts — by forging receipts and manipulating account details. The scale of the fraud later expanded, with reports indicating losses totalling over Rs 14 crore, affecting approximately 180 customers. On July 24, Dhingra’s wife, Rupinder Kaur, was arrested after suspicious transactions worth Rs 2.3 crore were traced to her account. Dhingra himself was arrested on July 30 in Vrindavan, Mathura, after a manhunt that lasted over a week.

Police investigations and asset tracing have continued with renewed vigour following Dhingra’s arrest. The recent detention of Abhishek Gupta underscores the widening net of accountability, said the SSP. The police have identified two more accused in this case who were associates of Dhingra, and a huge sum of the embezzled amount was siphoned off to them, revealed the police.