A senior employee of an IT company has been booked for allegedly stealing the company’s proprietary software source code valued at €8 million (approximately ₹87 crore).
According to the police, the accused , who worked as a Senior Manager – Research Scientist, unauthorisedly accessed and exfiltrated confidential source code and sensitive software data on October 11, 2025. The data was allegedly transferred to his personal email account without the company’s consent.
Police said that the accused was employed with the company from February 1, 2020. During an internal audit, company officials detected suspicious data transfers and confronted the employee.
“The accused admitted to the unauthorised transfer of source code during the internal inquiry, and the admission was video recorded by the company,” a police officer said.
Following the inquiry, the company terminated his services on December 3, 2025. The complainant has stated that the alleged data theft caused severe business impact and compromised the company’s intellectual property rights.
Based on the complaint alleging cheating by deception and cyber offences, police have registered a case under Sections 65, 66, 66(C), and 66(D) of the Information Technology Act, 2000. Further investigation is underway.
Published – January 27, 2026 07:43 pm IST
