Headline:
₹2.65 Crore SBI Scam Busted in Devarakonda; Bank Staff Among Four Arrested

News Article (200 words):

A major banking fraud worth ₹2.65 crore has been exposed at a branch of State Bank of India (SBI) in Devarakonda of Nalgonda district, shocking customers and banking officials. The scam, which resembles the plot of the film Lucky Bhaskar, involved manipulation of inactive bank accounts and fraudulent transactions.

According to police, the main accused, Lendla Chakrapani, who was working in the bank, allegedly targeted inactive customer accounts and planned the fraud. He reportedly conspired with Suryapet bank manager Putta Venkata Ramanujaneyulu to execute the scheme. With the help of associates Kethavath Ramlal and Marepalli Shiva, the group carried out the large-scale financial fraud.

Investigators revealed that the accused changed the KYC details of dormant accounts using fake Aadhaar and PAN cards. They then transferred funds through the YONO SBI mobile application and later converted the money into cash.

Following a detailed investigation by Devarakonda police, all four accused were arrested. Authorities seized ₹2.42 crore in cash, six mobile phones and a laptop during the operation. The scam came to light after a bank account holder received an email alert about suspicious transactions.

The investigation was carried out under the directions of Nalgonda district SP Sharad Chandra Pawar and under the supervision of Devarakonda DSP M.V. Srinivasa Rao. The SP also advised bank customers to link both their mobile numbers and email IDs to their accounts to receive transaction alerts and prevent fraud.