Ali was produced before the Court of Chief Metropolitan Magistrate, Dhaka yesterday on completion of a four-day remand. Detective Branch of police petitioned for him to be remanded for two more days for interrogation.

Police said during the interrogation in his last remand Ali had admitted to having the looted money but did not disclose where he had kept the money hidden.

The sergeant looted Tk 5,35,000 and 50,000 Saudi Riyal from money exchange businessman Azhar Ali on June 29.

The crime, which has frequently been detected and reported against the law enforcers in recent months, has prompted Dhaka Metropolitan Police (DMP) to take up a 'clean-up drive'. The DMP on Monday transferred 20 sergeants out of the capital for their alleged links to extortion, mugging, drug peddling, and other criminal activities.

The DMP has also formed a five-member committee to probe why the money was yet to be recovered from Ali.