Three Money exchange proprietors arrested for helping Chinese, who busted ATM machines of various banks in Kathmandu

Three Nepali nationals who helped the Chinese, who busted ATM machines of various banks in Kathmandu, to exchange the stolen currency have been arrested by police. Cash worth Rs. 2.99 million stolen by the Chinese nationals on Saturday had been exchanged into dollars the same day.

Proprietor of Deso Money Exchange in Thamel Dev Nath Lamichhane, proprietor of Nepalaya money exchange Roshan Pradhan and manager Rewati Duwadi were arrested today, according to DSP at the Metropolitan Police Range Hobindra Bogati. The three will face action as per the Banking Offense regulations.

Of the eight Chinese nationals involved in illegally drawing out cash from ATM counters of Prabhu, NIC Asia, Janata, Investment, Kumari and Gobal IME Banks, five were arrested on Saturday. One more was arrested from the Tribhuvan International Airport while two are still at large. They had drawn out cash worth Rs. 12.6 million from the aforementioned banks.