Rajkot Banks Duped by Sleight-of-Hand Thief; ₹50,000 Stolen in Two Days

In a startling case of deception, banks in Rajkot were recently outwitted by a conman who used sleight-of-hand tricks to steal ₹50,000 from cash counters across three separate branches over a span of just two days.

Two-Day Crime Spree

According to police sources, the incidents occurred on February 21 and 22, when a man posing as a regular customer visited different bank branches in the city. In each case, he reportedly approached the cash counter under the pretext of depositing or exchanging currency.

Using distraction techniques and quick hand movements, the accused allegedly managed to pocket portions of cash during transactions without immediately alerting the staff.

Modus Operandi

Investigators believe the suspect relied on confusion tactics — engaging cashiers in conversation, asking for note exchanges, or creating minor disturbances to divert attention. During these moments, he reportedly executed his sleight-of-hand trick, making off with cash before exiting the premises calmly.

Bank employees only realized the shortage during end-of-day cash tallies, prompting internal checks and a review of CCTV footage.

Total Loss and Complaint

Across the three banks, the total reported loss amounts to ₹50,000. After identifying discrepancies, the respective branches filed complaints with local police, who have now launched a formal investigation.

Authorities are examining CCTV footage from the affected banks and nearby areas to trace the suspect’s movements. Preliminary visuals suggest the same individual was involved in all three incidents.

Police Investigation Underway

Police officials have stated that efforts are being made to identify and apprehend the accused at the earliest. They suspect that the man may have prior experience in similar frauds and could have targeted banks with relatively less crowded counters.

Meanwhile, banks in the city have been advised to alert staff and strengthen vigilance at cash counters to prevent similar incidents.

The case has raised concerns about internal safeguards and highlights how even small lapses in attention can be exploited by skilled fraudsters. Further updates are awaited as the investigation progresses.