Hyderabad Axis Bank ATM theft | Hyderabad, Oct 19 (Maxim News): The Hyderabad Commissioner’s Task Force, Shamshabad Zone, in coordination with Shamshabad Police and with assistance from Rajasthan Police, has arrested a 34-year-old man in connection with an alleged Axis Bank ATM theft and vehicle theft cases registered in Shamshabad, Pahadishareef and Saidabad.
The arrested accused was identified as Rashid, also known as Kakoo, Yousuf and Kake, a lorry driver from Rajasthan. Police said four other suspects — Sohail, Faizan alias Ayaan, Rehan alias Zangi and Shamshuddin — are absconding, and special teams have been formed to trace them.
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Police seized ₹4,500 in cash, a Santro car bearing registration number AP 09 BG 5020, a Bajaj Pulsar motorcycle bearing registration number TG 07 A 2293, a gas cutter with equipment, a gas cylinder and two mobile phones. The total value of the seized property was estimated at ₹1,84,500.
The case relates to an ATM theft reported at the Axis Bank Satamrai branch in Shamshabad. According to the complaint lodged by branch head Dommeti Anil, the bank’s command centre in Mumbai sent an alert about suspicious activity at the cash deposit machine at around 3.28 am on October 6, 2026.
The complainant informed the police and asked branch staff to reach the location. On inspection, the machine was found cut open using a gas cutter. The perpetrators had allegedly sprayed paint on surveillance cameras and cut the hooter cable before stealing the cash. A reconciliation of the machine’s records revealed a shortage of ₹7,40,200.
Hyderabad Axis Bank ATM theft | Police Describe Modus Operandi
According to the police account, Rashid and his alleged associates planned the ATM theft after bringing gas-cutting equipment and paint spray to Hyderabad. The equipment was reportedly concealed in bushes in the Pahadishareef area before the other accused arrived and collected it.
Police said the group allegedly stole a motorcycle and later a Santro car to facilitate the crime. After identifying the Axis Bank ATM in the Shamshabad area, the suspects allegedly disabled security measures, covered the CCTV cameras with paint and cut open the machine to remove the cash trays.
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After the theft, the accused reportedly fled towards Patancheru and abandoned the car. They then travelled through Zaheerabad, Nanded, Amravati, Akola, Indore and Kota before separating and returning to their respective locations.
Based on technical analysis and call detail records, the Task Force traced Rashid to Gollapally X Roads in Shamshabad. Police said he attempted to flee when officers approached but was apprehended.
During questioning, Rashid allegedly told investigators that the stolen money had been divided among the group while they were travelling on a sleeper bus. He reportedly received ₹90,000 as his share and spent ₹85,500 on personal expenses.
Police linked the accused to three cases: the Axis Bank ATM theft registered at Shamshabad Police Station under Crime No. 895/2026, a two-wheeler theft case at Pahadishareef Police Station under Crime No. 689/2026, and a car theft case at Saidabad Police Station under Crime No. 345/2026.
The police release also stated that Rashid had been named in 46 criminal cases registered across jurisdictions including Gurugram, Delhi, Faridabad and Rewari. These include cases involving alleged theft and other offences.
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Special teams are continuing efforts to locate the four absconding suspects. Further investigation is underway.
The operation was carried out under the supervision of senior Hyderabad City Police officials, including the Commissioner of Police and Additional Commissioner of Police, with officers from the Task Force and Shamshabad Police involved in the operation. (Maxim News)
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