Mohd Sofi Abdul Rahman @ Yusoff, 29, however, pleaded not guilty and claimed trial after the charge was read to him before Judge Zainal Abidin Kamarudin.
Sofi, together with two other already charged in court, was charged with cheating Muhammad Syafiruddeen Huzmi@Hazmi and Muhammad Kamil Azhar Nordin, both aged 23, by convincing them to hand over the four safe deposit boxes containing RM337,550 in cash to him.
The father of four was alleged to have committed the offence at CIMB Bank in Kuchai Lama here between 9pm and 11pm on June 8.
He was charged under Section 420 of the Penal Code, read together with Section 34, which carries a maximum jail term of 10 years and whipping or fine if convicted.
The court allowed the man bail of RM15,000 in one surety and set Oct 7 for re-mention of the case.
Deputy public prosecutor Norashikin Ibrahim prosecuted, while the accused was represented by lawyer Jason Wee.