A 43-year-old man was arrested for allegedly stealing cash from the counter of a bank located in Fort area of Mumbai, police said on Sunday.
The accused, identified as Sameer Sayyed, yesterday stole Rs 2.5 lakh from a counter of a nationalised bank and ran out after pushing aside the branch's security guard, police said. Police officials from MRA Marg police station, who were on patrol duty, chased the accused and managed to catch him, they said.
The man was arrested and the stolen cash was recovered from his possession, police said.
The accused, a resident of Thane, is a notorious conman and has several cases registered against him in various police stations of Mumbai and its satellite cities, they said.
A case was registered against the accused under section 392 (punishment for robbery) of the IPC, the police said, adding further investigation is on.