Schoolboy arrested for illegally withdrawing money from bank

November 1st, 2008 - 7:48 pm ICT by IANS  

Lucknow, Nov 1 (IANS) A 16-year-old schoolboy in Uttar Pradesh’s Barabanki district was arrested for illegally withdrawing scholarship money meant for meritorious students by forging their signature, a police official said Saturday.The class 11 student withdrew over Rs.5,000 this month by illegally operating the bank accounts of the Nehru Memorial School students in Barabanki, the police said.

“The matter came to light Friday when two of the school students approached the branch manager of the Bank of India, complaining that nearly Rs.1,000 was missing from their bank accounts,” Rajesh Saxena, deputy superintendent of police, told IANS over phone.

Scholarships of the meritorious students of the Nehru Memorial School are deposited at the Makanpur branch of the Bank of India in Barabanki, some 25 km from Lucknow.

“The bank manager contacted us. The schoolboy again came to the bank to withdraw money from the account of scholarship-holder students,” said Saxena.

After seeing two of his batchmates, he went to the toilet and returned after nearly an hour, probably thinking that his friends and the policemen would have gone by then, the official said.

“But again seeing us in the manager’s cabin, the schoolboy tried to hide. This was suspicious. We frisked him and recovered three withdrawal forms with fake signature of students,” said Saxena.

The schoolboy, who is good in studies, was arrested Friday.

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