Reports suggest that he stole the whopping amount of money from his father who had earned this money from the proceedings of a property sale worth ₹60 lakhs.

The father who is a builder by profession, had kept the money in his cupboard and later found it to be missing. He informed the police and the investigations revealed that his son had distributed the money among his classmates. 

The boy gave ₹15 lakhs to a daily wage earner’s son, and ₹3 lakhs to one who had completed his homework. He didn’t leave any of his classmates empty handed and nearly 35 of them received gifts such as smartphones and silver bracelets.

Superintendent of Police, B.S Tomar told TOI:

The boy’s father has given us a list of students and we are trying to contact all of them. Parents of five students, who got the biggest shares, were summoned by the police and were told to return the money within five days. No case has been registered so far as all those involved are minors.

Police have recovered ₹15 lakhs till now and efforts to recover more are underway.