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The accused, identified as Santhosh Kumar (28) of Hosakote, allegedly confessed to having stolen the money assuming that the cash was ‘black money’ and as such his employer wouldn’t report the theft, police said.
The stolen cash worth Rs 72 lakhs, and the Ford Endeavour car have been seized from him, police added.
The accused had been hired as a car driver by Harish (29), a businessman who resides at Huskoor about 8 months ago.
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On October 20, Harish lodged a complaint about the missing cash and car at the Byatarayanapura Police Station.