HYDERABAD: The Cyber Crime Police of Hyderabad City have arrested two men for allegedly helping cyber fraudsters route money obtained through a digital arrest scam through multiple bank accounts and cryptocurrency transactions.The accused allegedly arranged bank accounts, withdrew fraudulently obtained money and deposited the cash into other accounts to conceal the money trail. They also facilitated transactions involving Tether (USDT), a digital currency, and received commissions for their role, police said.The case was registered as Crime No. 568/2025 under Sections 66(C) and 66(D) of the Information Technology Act and Sections 111(2)(b), 318(4), 319(2), 336(3), 338 and 340(2) of the Bharatiya Nyaya Sanhita (BNS).Retired employee, daughter lose ₹29.17 lakhAccording to the police, the complainant, a 63-year-old retired employee, received calls on March 3, 2025, from people impersonating Delhi Police, the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).The callers allegedly accused him of involvement in a money laundering case involving ₹6.8 crore and threatened to arrest him. They sent forged official documents to make their claims appear genuine.The fraudsters also told the complainant that his Aadhaar details and fingerprints had been misused in the alleged crime. They obtained his personal and banking details and persuaded him and his daughter to transfer money for verification, promising to refund the amount.The callers threatened them with arrest and instructed them to maintain secrecy, citing national security. Believing the claims, the complainant and his daughter transferred ₹29,17,668.When the money was not refunded, the complainant realised he had been cheated and approached the police. A case was subsequently registered.Two accused arrested in Ameerpet; third suspect on the runBased on technical evidence gathered during the investigation, a team led by Inspector K. Narayana Reddy apprehended the two accused in Ameerpet, Hyderabad, on October 17, 2026. The police took them to the Cyber Crime Police Station for further investigation.The arrested men were identified as Mohd Ashfaq Hussain, 27, and Ahmed Najeeb Uddin, 27. Both are businessmen residing in Ameerpet. The police also identified Sachin, a Bengaluru resident, as the third accused. He is yet to be apprehended.During interrogation, the police found that the two arrested men were facing financial difficulties. They allegedly came into contact with Sachin through WhatsApp.According to the investigation, Sachin devised a plan to route money obtained through digital arrest fraud through several bank accounts. The plan involved using cash deposit machines (CDMs) to make the transactions difficult for investigating agencies to trace.Ashfaq allegedly collected bank account details from Najeeb Uddin and shared them with Sachin. The latter then transferred the fraudulently obtained funds into the account provided by Najeeb Uddin.The two arrested men allegedly withdrew the money through cheques and deposited the cash into various bank accounts using CDMs, following Sachin’s instructions.Sachin allegedly used the deposited funds to purchase USDT cryptocurrency and later sold it online in exchange for Indian rupees. Ashfaq and Najeeb Uddin received commissions for facilitating the transactions, police said.Police seize two iPhones; 16 cases linked to alleged fraudThe police seized two Apple iPhones from the arrested men. The investigation also revealed that around 16 cases had been registered across India in connection with the alleged fraudulent activities.The two accused were produced before the competent court in Hyderabad. Further investigation is under way to trace Sachin, examine the financial transactions and identify other people who may have been involved.The operation was conducted under the guidance of S. Chaitanya Kumar, Deputy Commissioner of Police, Central Crime Station (CCS), Detective Department (DD), Hyderabad City, and the direct supervision of R. G. Siva Maruthi, Assistant Commissioner of Police, Cyber Crime Police Station.Inspector K. Narayana Reddy, sub-inspectors Monmohan Goud and G. Sivakumar, and their team took part in the operation, according to the police statement.The statement was issued by M. Srinivasulu, Additional Commissioner of Police, Crimes and Special Investigation Team (SIT), Hyderabad City.
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