Satyanarayana, who has taken charge as the Bank Manager recently, found out the irregularities in the FDRs. He lodged a complaint with the police. Srinivas Reddy, one of the depositors, said that the Bank Manager had cheated them and swindled their hard-earned money.
The depositors staged dharna before the Bank branch demanding refund of their deposits. They also demanded sterna action against the manager who cheated them.