Browsing the net to check on his bank account during a trip to the Gulf way back in 2009, marine engineer Rajinikanth got the shock of his life when he found Rs 2.82 lakh disappear from his State Bank

Banks have reported 487 cases of ATM frauds in 2011, involving over Rs 7 crore — triple the amount reported four years ago, Parliament was informed on Thursday.

Police from the Central Crime Station on Thursday arrested eight people for misappropriating Rs 2.65 crore meant for deposits in ATMs. Five others, said to be the kingpins, are still at large. The CCS