The Sakinaka police have arrested a 40-year-old man from Andheri for allegedly replacing the RTGS (Real Time Gross Settlement) form attached to cheques in the drop boxes of nationalised banks and transferring Rs 3 lakh. Another accused in the case is still at large. According to the police sources, the arrested accused has been identified as Shakil Ibrahim Zariwala alias Anwar Khan. 

During the inquiry, it was revealed that Khan, along with his aide, opened the drop boxes of the nationalised banks and replaced the RTGS forms attached to the cheques, with forms containing another account number. During interrogation, it has come to light that an accomplice is also involved in the crime. The duo visited different banks in the morning for recce. Zariwala would stop at the bank, pretend to be a customer, and search for targets.