A massive cyber fraud network involving transactions worth around ₹125 crore has come under the scanner in Uttar Pradesh’s Kanpur, with police tightening their grip on the gang led by Rajbir. Investigators have so far identified over 250 bank accounts linked to the racket, out of which 53 accounts have already been frozen. Authorities have also announced a reward of ₹25,000 on absconding accused Rajbir, while search operations to trace him continue.
53 accounts frozen, crores traced in transactions
During the investigation, police found that out of the 53 frozen accounts, at least 13 accounts held a combined ₹2.11 crore. However, officials suspect that a significant portion of the الأموال had already been withdrawn before the crackdown.
Preliminary findings indicate that some of these accounts witnessed transactions exceeding ₹40 crore within just six months, pointing to a highly organized and large-scale operation rather than isolated fraud incidents.
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Network of over 250 bank accounts
According to investigators, the Rajbir gang operated through a complex network of more than 250 bank accounts. These accounts were used to layer and circulate fraudulent funds across multiple channels, making tracking extremely difficult.
Police sources revealed that gang members used to meet on a fixed date every month at a hotel in Kannauj, where they reviewed operations, settled accounts, and planned further activities.
Bank employees’ role under suspicion
The case has also exposed possible insider involvement within the banking system. So far, eight individuals, including five bank employees from three different banks, have been arrested and sent to jail.
Authorities allege that these employees facilitated the opening and management of fake or mule accounts. Notices have been issued to five banks seeking detailed records of six months’ transactions, CCTV footage, and mobile numbers linked to suspicious accounts.
Digital evidence revealing deeper links
Analysis of mobile phones seized from arrested accused has yielded crucial digital evidence, including videos that suggest organized coordination within the gang. One such video reportedly shows gang members gathering at a hotel in Kannauj on April 19, shortly before the crackdown.
Investigators believe these digital trails will help identify additional suspects and map the full extent of the network.
Small balances also aiding investigation
Interestingly, police found small amounts ranging from ₹50 to ₹500 in nearly 40 accounts, while two accounts had zero balance. Though minor, these remaining are being examined to understand transaction patterns and account usage behavior within the network.
A highly organized cyber fraud model
This case highlights the evolving nature of cybercrime, where fraudsters rely on layered banking networks and multiple accounts to obscure money trails. By rapidly transferring funds across accounts, such gangs attempt to evade detection and delay enforcement action.
Renowned cybercrime expert and former IPS officer Prof. Triveni Singh noted, “Cybercriminals today operate through multi-layered banking structures. With fake accounts and internal collusion, they move funds quickly, making detection and recovery more complex.”
Search for Rajbir intensifies
The main accused, Rajbir, remains absconding, and police teams are conducting raids at suspected hideouts. Surveillance measures have been intensified, and technical tracking is being used to locate him.
Investigation ongoing, more revelations likely
Authorities are continuing a detailed probe using banking data, digital evidence, and interrogation of arrested accused. Officials believe that more names and accounts linked to the fraud network may surface in the coming days.
The case serves as a stark reminder of how cybercrime has evolved into a sophisticated, organized system. Experts stress that stronger monitoring mechanisms, public awareness, and timely reporting are essential to curb such large-scale financial frauds.
