Well, yes, but the amount seized isn’t reflective of the full bailout issue. It was seized because the Germans were not going to see German money go towards propping up the banks to insure that Russian depositors came away whole.
In effect, the Germans said “The Russians must suffer. Period, no negotiation.”
Also note that the amount of loss the Cyprus banks experienced due to the Greek Bailout Bond Haircut (~4.5 billion see above article) is fairly close to the amount the EU demanded from the Cyprus deposits. Coincidence ?