Karimnagar Police Commissioner Gaush Alam presents the accused in a cyber fraud case to the media in Karimnagar on Friday.
The Karimnagar police busted an organized cybercrime network by arresting 13 members of a cyber fraud syndicate, including two bank officials and six bank account holders of mules, allegedly involved in illegal financial transactions of a staggering ₹138 crore.
The arrested were identified as B. Sairam, 30, A. Ranjith, 36, and Boga Rakesh, 35, of Jagtial district, A. Mallesham, 37, of Peddapalli district; B. Pranay, 25, of Karimnagar district; bank officials B. Kalyan, 52, manager of Ratnakar Bank Limited (RBL), Hanamkonda, and Ayesha Begum, 30, Karimnagar, police said.
A detailed investigation launched under ‘Operation Crackdown’ revealed that members of the cyber crime syndicate were allegedly involved in illicit financial transactions through mule bank accounts as well as remittance of cyber fraud proceeds abroad.
The accused were booked under Section 112 and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS) Act and Section 66-D of the IT Act. Further investigation is underway.
Karimnagar Police Commissioner Gaush Alam urged people to remain vigilant against nefarious designs of cyber fraudsters and report cyber crimes through helpline 1930 or www.cybercrime.gov.in.
Published – 27 March 2026 23:01 IST
