Srinagar, Feb. 18 -- Five employees of HDFC bank were arrested by the Ecnomic Offence wing of Crime Branch in connection with a financial fraud, police said on Wednesday even as crime branch officials also conducted raids and searches at several places in Shopian and Budgam districts.

The arrested employees are Adil Ayoub Ganai, Irfan Majeed Zargar, Mubashir Hussain Sheikh, Zaid Manzoor and Javaid Ahmad Bhat, said police.

The crime branch has been investigating the case after they received complaints from some account holders that their money have been fraudulently withdrawn from Shopian Branch of the HDFC bank by some employees of the bank without the knowledge of the account holders.

The Economic Offences Wing (EOW), Kashmir, of Crim...