LUCKNOW, March 2 -- A fire that broke out here at the Mohan Road branch of Bank of Baroda (BOB) on November 25, 2025, destroying key documents, is now being probed alongside a Rs.12-crore alleged embezzlement that surfaced at the same branch two months later. Police are examining whether the blaze was an attempt to wipe out evidence of the alleged fraud.
The case involves Bank Mitra Shiva Rao, against whom over 100 victims have so far filed complaints of alleged fund siphoning. Three fresh arrests were made on Sunday, taking the total number of accused in custody to five.
"The timing of the fire and the scale of the fraud have raised certain questions. We are looking at whether any documents linked to forged fixed deposits or unauthoris...
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