Anand Byrareddy, J. - The learned Counsel for the petitioner remains absent. Heard the learned Counsel for the respondents.

2. The petitioner is said to have joined the services of the State Bank of India in the year 1977 at a Clerk-cum-Cashier and he was said to have been promoted as an officer in Junior Management Grade Scale-1 in the year 1986 and was further promoted as an Officer in Middle Management Grade Scale-II in the year 2001. It is claimed that he had blemish less record of service for over 30 years. He was said to have been posted and working as the Deputy Manager (Cash) cum System Administrator at Hirekerur Branch of the bank from October 2005. He was a joint key holder. On noticing that there was shortage of cash in the strong room to the tune of Rs.65,00,000/-, he had reported the matter to the manager of Hirekerur Branch on 6-12-2005. On account of which, proceedings had been initiated against him alleging that on account of negligence on the part of the petitioner, the co-joint custodian and the Deputy Manager, a loss of Rs. 65,00,000/- has caused to the Bank. It was alleged that the petitioner had misappropriated the amount. On a complaint having been lodge