Mumbai, October 17 (Udaipur Kiran): Maharashtra cyber police have arrested three suspects in connection with a digital extortion case in which an elderly Mumbai businessman was defrauded of ₹58 crore between August 19 and October 8.
A cyber police officer handling the probe told reporters that the suspects made video calls to the businessman and his wife, falsely claiming the businessman had been arrested. Terrified by the threat of arrest, the couple were instructed to transfer money to specified bank accounts to avoid detention. Over nearly two months the businessman transferred a total of ₹58 crore into the accounts.
On receiving the complaint, the cyber department registered a case last week under relevant sections of the Indian Penal Code and the Information Technology Act. Investigators found that funds had been routed into at least 18 bank accounts. The cyber team immediately contacted the banks and requested that the deposits in the identified accounts be frozen.
Following the tracing and initial investigation, police arrested three accused identified as Abdul Khuli (47), Arun Kadvasara (55) and his brother Jetharam (35). The cyber police are conducting detailed questioning and further investigation into the matter.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.