A reputed jewellery shop, P N Gadgil And Son's has lodged a complaint after cybercriminals hacked into their 12 bank accounts and siphoned off around Rs 2.98 crore in a span of three days in the month of November. The incident came to light after Aditya Amit Modak (28), the chief financial officer with Gadgil and Sons filed a complaint with Sinhagad police station on Wednesday.

"We have 12 bank accounts of our different branches with Bank of Maharashtra and we access them all using its online application — MahaSecure app. All the money that is collected every day is transferred to these accounts on a daily basis. However, we could not log in to our accounts when we tried accessing them. So we went to the bank and found that someone had siphoned off around R2.98 crore in three days," a source on the condition of anonymity told mid-day.