New Delhi. Delhi’s South District Cyber Police Station has arrested three accused from Udham Singh Nagar in Uttarakhand, busting an interstate cyber-fraud network involved in Telegram-based operations and cryptocurrency investment fraud. Delhi Police confirmed this on Thursday.
According to the police, the matter came to light after a complainant reported being duped of Rs 7,86,300 in a Telegram-based task and cryptocurrency investment fraud. The complainant allegedly came in contact with the fraudsters through a Telegram group, where he was induced to do online tasks and invest money in cryptocurrencies by promising good returns.
Relying on their word, the police said, the complainant transferred a total of Rs 7,86,300 in two installments of Rs 4,66,300 and Rs 3,20,000 as per the instructions of the accused. However, the accused neither gave the promised returns nor returned the invested amount, and subsequently stopped responding to the complainant. Following the complaint, an FIR under section 15 of the Indian Code of Justice (BNS) was registered at the Cyber South police station. E-FIR No. 0149/2025 u/s 318 (4), 319 and 340 was registered and investigation initiated.
During the investigation, technical and financial analysis was conducted to trace the movement of fraudulent proceeds. Police identified several ‘mule’ bank accounts that were allegedly used to divert funds obtained from cyber fraud. Rs 4.66 lakh were found in one Mule account, while Rs 5.22 lakh were deposited in the other account.
Based on investigation, accused Karan Biswas and Mohit Sarkar alias Monu were traced and arrested from Udham Singh Nagar. Further investigation led to the formal arrest of Vinay Mandal, who was already in custody in another cyber fraud case registered at the Cyber Crime Police Station in Rohtak, Haryana. Later he was taken on police custody remand for three days.
Police said the accused ran Telegram-based tasks and cryptocurrency investment schemes with the aim of luring victims to transfer money. It is alleged that ‘Mule Bank Accounts’ were arranged through middlemen on commission and these were used to receive, forward and withdraw the fraudulently obtained money. It is alleged that the money was also used for crypto currency transactions. Police recovered two mobile phones, a bank passbook and necessary digital and financial evidence from the accused.