Three officers of the State Bank of India have been arrested by the Central Bureau of Investigation team for their alleged involvement in siphoning off money to the tune of team of 1.35 crore rupees from the Non-Resident Indian (NRI) accounts in Nagpur.

The accused including alleged mastermind and in-charge of NRI Section of the SBI Main Branch Anup Rajurkar, Deputy Manager Prakash Bhalkar and Senior Executive Mamata Motwani were apprehended yesterday for their alleged role in fraudulently withdrawing the money from the NRI accounts of the bank.

Though the scam was unearthed two years back, after ignoring the fraud for some time, the State Bank authorities lodged a formal complaint with CBI only in July last year. According to CBI sources, the fraud was committed between the period 2004 and 2011.

Rajurkar was placed under suspension by the SBI pending inquiry against him. He allegedly used to provide fake receipt to the NRI bank account holders and transfer money to his own account and would later withdraw the same. After being produced in a designated court by the CBI in Nagpur, the trio was given three-day police custody remand.