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Surat, October 24, 2026 (Yes Punjab News)
Surat City Police have arrested two men allegedly linked to an international cybercrime network operating from Dubai in connection with online fraud estimated at ₹410 crore across 338 complaints registered in 20 states and Union Territories.
The investigation began after a complainant was allegedly cheated of ₹23.38 lakh through fake share-trading applications named HB Ultra and IISL Sec. According to police, the accused promised high returns, persuaded the complainant to open a trading account through the applications and induced him to transfer money into multiple bank accounts before blocking withdrawals.
A case was registered at the Cyber Crime Police Station under Sections 318(4), 336(2), 338, 336(3), 340(2), 61(2) and 3(5) of the Bharatiya Nyaya Sanhita, 2023, and Section 66(D) of the Information Technology Act, 2000, as amended in 2008.
The arrested men have been identified as Abdul Rehman, 23, a second-year civil engineering student at Kaunas University of Technology in Lithuania, and Mohsin Khan, alias Tuksu, 38, who worked as a laborer in the catering sector.
Police said both men were apprehended near Civil Char Rasta in Surat on October 22 following three to four days of technical investigation.
According to investigators, Rehman had returned to India three months ago and had traveled to Dubai once. Khan originally hails from Sheikhpura village in the Khatauli police station area of Uttar Pradesh's Muzaffarnagar district.
Police allege that Rehman established a fictitious firm, Mansuri Digital Trading, in Khan's name to facilitate the movement of money obtained through cyber fraud.
Investigators said the firm operated bank accounts with the Central Bank of India, Bank of Maharashtra, Canara Bank and Axis Bank. According to police, four current accounts and 12 savings accounts were opened across these banks.
Rehman allegedly worked with a Chinese cybercrime gang operating from Dubai, arranging bank accounts belonging to other individuals to receive proceeds from online fraud. Police claim the money was subsequently converted into USDT cryptocurrency and transferred to the alleged gang through cryptocurrency wallets registered in other people's names, with commissions paid for facilitating the transactions and arranging accounts.
Officials said an account belonging to Mansuri Digital Trading at the Central Bank of India recorded transactions totaling ₹1.19 crore between August 24 and September 16, 2026. An initial check of the National Cyber Crime Reporting Portal reportedly linked 18 online complaints from different states to this account.
A search of Rehman's iPhone allegedly revealed details of 96 bank accounts, 30 debit cards issued in different individuals' names, applications for 13 banks and login credentials for 11 email IDs.
Investigators also reportedly recovered Telegram conversations indicating communication with members of the alleged Chinese gang over the past year. Two USDT wallets found on the phone had recorded transactions worth ₹19.14 lakh, police said.
During a search of the accused's residence, police seized 12 mobile phones, 17 debit cards issued by Lithuanian and Indian banks, and two check books. Officials also reported recovering four mobile phones from the accused.
According to police, the National Cyber Crime Reporting Portal showed 338 complaints across 20 states and Union Territories linked to the bank accounts identified during the investigation. Maharashtra accounted for 66 complaints, followed by Karnataka with 51 and Tamil Nadu with 49. Uttar Pradesh recorded 22 complaints, while Gujarat accounted for 19.
The remaining complaints were reported from Andhra Pradesh, Kerala, Delhi, Odisha, Madhya Pradesh, Punjab, Rajasthan, Uttarakhand, Meghalaya, Bihar, Jharkhand, Assam, Telangana, Haryana and West Bengal.
Police estimated that the complaints involved online fraud amounting to approximately ₹410 crore. Investigators are continuing to establish the full extent of the alleged network's operations and trace the movement of the funds.
Surat City Police have urged residents not to allow others to use their bank accounts in exchange for commissions or other financial inducements. They warned that account holders could face legal action if their accounts were used to route proceeds from cybercrime.