SRINAGAR: A police officer was caught allegedly red-handed on Friday by the Jammu and Kashmir Anti-Corruption Bureau (ACB) accepting bribe, officials said. The officials said a team of the ACB caught the SHO of the Pantha Chowk police station red-handed while demanding and accepting the bribe. The police officer was allegedly demanding a bribe of Rs 5 lakh for settling a case, and was apprehended by the ACB, the officials added. The ACB sleuths have allegedly recovered cash amounting to Rs 1.5 lakh and a cheque of Rs 50,000 from the possession of the arrested police officer in presence of independent witnesses, the officials said.