The police have registered a case against the branch manager of the City Co-Operative Bank Ltd, Dahisar after an inspector accused him of misplacing the jewellery he mortgaged for a Rs 4 lakh loan. In his complaint filed on Saturday, 47-year-old Pramod Tawde said the jewellery was worth Rs 12 lakh.

According to the complaint filed at the MHB police station in Borivli, Tawde mortgaged his wife's ornaments against a loan on December 21, 2017. On March 26 this year, he went to the bank to pay his monthly installment when branch manager Santosh Neurkar informed him his jewellery was missing from the bank's safe, said the police.