IndiaPosted at: Sep 16 2026 7:50PM


Delhi Police busts Rs 12.84-cr cyber fraud network, five arrested

New Delhi, Sep 16 (UNI)The Intelligence Fusion and Strategic Operations (IFSO) unit of Delhi Police Special Cell has busted an inter-state cyber crime syndicate allegedly involved in siphoning Rs 12.84 crore from the corporate bank account of Hero FinCorp Ltd, arresting five persons, including a relationship manager of a private bank.
The investigation has also uncovered the syndicate's links with Chinese groups operating on Telegram, while part of the cheated money was allegedly converted into USDT cryptocurrency and transferred abroad.
According to the police, the case was registered on a complaint by Hero FinCorp Ltd, an NBFC, after the company detected unauthorised debit transactions from its corporate account through system alerts generated by HDFC Bank. The transactions were allegedly carried out without the knowledge, consent or authorisation of the company's management.
Police said as many as 317 unauthorised digital transactions amounting to Rs 12,84,09,997 were routed into 34 primary-layer bank accounts.
Following registration of FIR No. 135/26 on August 21 under Sections 308, 318(4), 319 and 340 of the Bharatiya Nyaya Sanhita at the Special Cell police station, the IFSO team began analysing the bank accounts, transaction trails and mobile phone records linked to the fraud.
The technical investigation helped the police place a lien or hold on about Rs 1.7 crore in the fraudulent accounts, thereby preserving part of the allegedly cheated funds.
The police team, supervised by ACP Prem Chandra Khanduri and DCP IFSO Gaurav Tyagi, conducted raids at multiple locations across the country and apprehended five persons.
Among those arrested is Abhay Kumar Solanki, a resident of Bulandshahr, whose account allegedly received Rs 60,000, which was subsequently withdrawn through an ATM.
Lovely, 26, of Kurukshetra, was allegedly operating an account in the name of Property Gallery with Central Bank of India at Thanesar, in which Rs 80 lakh of the cheated amount was received. Police said he had opened the account after being allegedly lured by a person identified as Satyam of Cheeka, Kaithal, who remains absconding.
Naman Kumar of Jaipur was allegedly the account holder of Infirmity Services with Yes Bank in Jaipur, where Rs 40 lakh was received. His IndusInd Bank account also allegedly received around Rs 70 lakh and has been linked to 43 complaints registered on the National Cybercrime Reporting Portal (NCRP) across the country, police said.
According to investigators, Naman came in contact with co-accused Harman through a person identified as Vikas. Police alleged that Harman operated Naman's IndusInd Bank account for receiving and transferring the cheated money after an APK file was installed on Naman's mobile phone. Naman was also allegedly introduced to a Delhi-based person identified as Sourav and stayed at Hotel Nirvana Residency in Krishna Nagar, where his Yes Bank account was allegedly operated using a similar modus operandi.
Harman, 24, a resident of Bikaner, allegedly maintained contact with several Chinese groups on Telegram and was also in touch with Devender Singh Chauhan of Udaipur through the messaging platform. Police said Chauhan allegedly converted the cheated money into USDT and transferred it to fraudsters based abroad.
Investigators further alleged that Harman had obtained and operated Naman's bank account on commission and received around Rs 1.5 lakh from Chauhan as commission.
The fifth accused, Vikas, 30, of Jaipur, is a relationship manager with RBL Bank in Jaipur. Police alleged that he assisted Naman in opening accounts with Yes Bank and IndusInd Bank and introduced him to Harman, who allegedly facilitated the movement of the cheated funds.
Police have recovered cheque books, five mobile phones and rubber stamps of Property Gallery during the investigation.
The IFSO said the investigation indicates that the alleged operation was organised across multiple states and involved cyber fraud as well as laundering of the proceeds. Police said other members of the network, including alleged syndicate operatives based in India and Dubai, have been identified and efforts are underway to apprehend them.
Delhi Police said it would continue its investigation into the financial trail and the overseas movement of the proceeds. It also urged citizens to remain cautious about cyber fraud, including digital-arrest scams, and report suspicious calls and messages to police authorities.UNI PWS AAB
Tags: #Delhi Police busts Rs 12.84-cr cyber fraud network# five arrested
More News

Finance Ministry rejects ‘external pressure’ claims over UPI charges

16 Sep 2026 | 7:50 PM

New Delhi, Sep 16 (UNI) The Finance Ministry on Wednesday debunked the “External Pressure” myth that India's decision to introduce a charge on certain high-value UPI merchant transactions was influenced by foreign pressure, saying the country's "UPI policy decisions were taken independently".

see more..

Delhi Police busts Rs 12 84-cr cyber fraud network, five arrested

16 Sep 2026 | 7:50 PM

New Delhi, Sep 16 (UNI)The Intelligence Fusion and Strategic Operations (IFSO) unit of Delhi Police Special Cell has busted an inter-state cyber crime syndicate allegedly involved in siphoning Rs 12.84 crore from the corporate bank account of Hero FinCorp Ltd, arresting five persons, including a relationship manager of a private bank.

see more..

Centre reconstitutes CBFC with 18-member board for three-year term

16 Sep 2026 | 7:48 PM

New Delhi, Sep 16 (UNI) The Centre has reconstituted the Central Board of Film Certification (CBFC) with 18 members, giving the statutory film-certification body a new composition for a period of three years or until further orders, whichever is earlier.

see more..

PM Modi hails Anant nag as Dadasaheb Phalke award honours a legendary career

16 Sep 2026 | 7:44 PM

New Delhi, Sep 16 (UNI)Prime Minister Narendra Modi on Wednesday congratulated veteran actor Anant Nag on being conferred the prestigious Dadasaheb Phalke Award, describing the honour as a richly deserved recognition of an artiste whose remarkable body of work has left an enduring imprint on Indian cinema, particularly Kannada cinema.

see more..

CJP protest: SC declines to reconstitute Justice Reddy-led panel probing July violence

16 Sep 2026 | 7:34 PM

Parmod Kumar
New Delhi, Sep 16 (UNI) The Supreme Court has declined to reconstitute the five-member High-Powered Enquiry Committee (HPEC) headed by former Supreme Court judge Justice R. Subhash Reddy, which was set up on August 18, 2026, to probe allegations of police excesses during the July 20 crackdown on student protesters at Delhi’s Jantar Mantar and elsewhere in the country. The protesters, mobilised by the Cockroach Janata Party, were demanding the resignation of then Education Minister Dharmendra Pradhan over alleged question-paper leaks in NEET and other examinations.

see more..