Amazing and unbelievable. The principal says that the locker has been lying since long. And he informed the police that it did not happen in his tenure. Police could not get answer from the staff even.

It is quite believable, owing to the large amount of fees today schools charge. Of course it is the duty of the principle to deny anything that must have happened under his nose. Further probe will clear the matter.

The article says the  the incident did not happen during his tenure.

Yes, I know, it is clearly written the Principle joined 2 yrs back but nobody knows anything about this locker. Let the truth surface, no point in meaningless speculations when we don't know the entire incident.

The investigation police officer also could not come to a conclusion. The investigation is in the preliminary stage. It takes time for the reality to come out

Yes, agree investigation takes time, and the Income tax dept will also probe into the matter.

First things first. Police report, Allegation and basing on this, if necessary IT will make an entry.