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According to police, Suhail, who was authorised by his company to refill ATM machines, had been embezzling funds for some time.
The theft, which occurred on October 6, was orchestrated by two gangs based in Mumbai and Delhi.
The incident happened at Kattilpedika.
Officials from the police, fire force, and scuba team jointly held the evidence collection
The driver of the container used by the accused to escape, Jamaluddin, was the one killed in the police shooting
The 29-year-old from pathanamthitta, boasts nearly 50,000 followers on Instagram.
One among the seven-member gang was gunned down by the TN police on Friday.
It was the notorious Mewat gang from Haryana which was found to be behind the Kannur ATM robbery in 2021.
The gang had also used a gas cutter to break open the ATMs and in some cases they fled the scene with the machine itself and later broke it open in a secluded place.
A gang of masked assailants, travelling in two Innova cars and a Renault, intercepted the Swift car carrying the gold.
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