Hyderabad, Oct. 19 -- Shamshabad Zone Task Force police, in coordination with local police and Rajasthan Police, have arrested an alleged member of an inter-state gang involved in the theft of Rs 7.40 lakh from an Axis Bank ATM near Satambrai in Shamshabad.

The accused, Rashid alias Kaku (34), a native of Rajasthan's Alwar district, was apprehended near Gollapalli X-Roads in Shamshabad based on technical evidence and call detail records. Police seized Rs 4,500 in cash, a Santro car, a Pulsar motorcycle, a gas cutter, a gas cylinder and two mobile phones, with the total value of the seized property estimated at Rs 1.84 lakh.

According to police release on Monday, the gang struck the ATM in the early hours of October 6 after spraying paint ...