India, Nov. 13 -- Two assistant clerks at Bengaluru's prestigious Indian Institute of Science (IISc) and one of their partners have been arrested for allegedly embezzling nearly Rs.1.94 crore that had been sanctioned for students' foreign travel grants.

The accused have been identified as V Soundarya (25) from Yeshwanthpur and R Deepika (25) from Hesaraghatta, both employed in the IISc Registrar's office. Police also arrested Sachin Rao (25), Deepika's boyfriend, who is suspected of helping the duo carry out the fraud, said a report by the NDTV.

Investigators said the misappropriation took place between June 2024 and October 2025, during which the two clerks allegedly forged documents and approval letters to divert grant money into bank...