India, Oct. 4 -- A 24-year-old cash collection employee allegedly staged a fake robbery and stole his employer's Rs.30 lakh cash, police said on Saturday, adding that he and his friend - accused of hiding the money - have been arrested and the entire amount has been recovered.

Deputy commissioner of police (west) Hareshwar Swami said the incident was reported on Friday near Zakhira flyover. Parveen Malhotra, who worked as a cash collection employee at Madan Lal Plastic in Tikri Kalan, told police that he had collected Rs.30 lakh from three locations on Thursday on his employer's instructions.

Malhotra said that while returning on his motorcycle, three men riding a black motorcycle intercepted him, snatched the cash bag and injured him o...