Nagpur Rural Police have reportedly busted an alleged interstate cyber fraud racket involving the siphoning of ₹9.88 crore from a victim’s bank account through Real-Time Gross Settlement (RTGS) transactions. Six people have been arrested in connection with the case, including a lawyer who reportedly practises before the Bombay High Court and the Delhi High Court. According to the details provided in the news report, the alleged fraud took place between July 4 and July 6, 2026, when transactions totalling ₹9,88,83,999 were carried out.

Police have reportedly frozen and recovered approximately ₹4.21 crore of the alleged defrauded amount. The recovered sum is stated to be ₹4,20,61,162, while investigators continue to examine the movement of funds and the possible involvement of additional individuals or financial channels. The case has drawn attention because of the amount involved and the suspected interstate network allegedly used to transfer the money.

The six arrested individuals have been identified in the supplied report as Hanuman Ram, 26, from Ghazipur in Uttar Pradesh; Ravikumar Yadav, 24, from Shivni in Uttar Pradesh; Azim Mithani, 26, from Mumbai; Mukeshkumar Mishra, 41, from Mira Road in Maharashtra; Rakesh Singh, 44, from Baniaidh in Palamu, Jharkhand; and Ankur Goswami, 30, from Nandgram in Ghaziabad, Uttar Pradesh. Police allege that the accused played different roles in the suspected fraud. The allegations against each individual remain subject to investigation and judicial proceedings.

According to the report, the victim did not share an OTP or download any suspicious link before the transactions occurred. Investigators suspect that SIM swapping may have been used to facilitate the alleged fraud. This technique involves fraudulently obtaining control of a victim’s mobile number, potentially allowing criminals to intercept messages or verification codes and gain access to financial services. However, the precise method used in this case remains under investigation.

The victim reportedly filed an online complaint with the Cyber Police Station, Nagpur Rural. A case was subsequently registered at Wadoda Police Station on July 8 under the Bharatiya Nyaya Sanhita (BNS) and Section 66D of the Information Technology Act. Cybercrime investigators examined suspicious bank accounts and accounts linked to fintech services as part of the investigation. Police teams were reportedly sent to locations in Mumbai, Delhi and Uttar Pradesh, leading to the arrests.

Investigators are also examining the suspected movement of funds through angadia networks and hawala channels in Mumbai and Delhi. Further investigation is underway to establish the complete sequence of transactions, determine the roles of the accused and identify any other people who may have been involved.

The case highlights the risks associated with sophisticated financial cybercrime and the importance of promptly reporting unauthorised banking transactions. Customers who notice suspicious activity should immediately contact their bank and report the incident through official cybercrime reporting channels. The information above is based on the supplied news graphic; the police record and official statements should be verified before publication.