New Delhi. In a major breakthrough against rising cybercrime, Delhi Police has busted an interstate cyber fraud syndicate involved in siphoning money through unauthorised digital banking transactions. The gang allegedly operated across multiple states using a network of mule bank accounts to divert stolen funds, while attempts are being made to trace the larger ecosystem behind the racket.
Three Key Operatives Arrested
Police have arrested three key operatives identified as Sonu, a resident of Uttam Nagar in Delhi, Yash Kumar from Uttam Nagar, and Baljinder Singh alias Mangga from Yamunanagar in Haryana. Officials said the group functioned in a coordinated manner, handling recruitment of account holders, transaction layering, and interstate movement of illicit funds.
Registration Begins for FutureCrime Summit 2026, India’s Largest Cybercrime Conference
According to investigators, the case came to light after a 50-year-old resident of Prem Nagar in Karol Bagh noticed unauthorized transactions from his bank account. The victim received multiple SMS alerts indicating rapid deductions. He immediately blocked the account with the help of his son, but by then cyber fraudsters had allegedly siphoned off ₹4,82,476 through a series of digital transfers.
Money Trail Led To Mule Account
Following the complaint, the Cyber Police Station of Central District launched a technical probe and tracked the money trail. Investigators identified a beneficiary account linked to Sonu, which became the first major lead in the case.
Based on surveillance and financial analysis, police conducted coordinated raids on May 27 in Delhi, leading to the arrest of Sonu and Yash Kumar. Their interrogation reportedly exposed the wider structure of the syndicate and the involvement of interstate handlers operating from outside Delhi.
Acting on further inputs, police arrested Baljinder Singh from Yamunanagar on June 3. He is suspected to have played a key role as an interstate handler responsible for managing mule accounts and overseeing the layering of funds to obscure their origin.
Debit Cards, SIM Cards Seized
Investigators said the gang relied heavily on “mule accounts” created using inducements such as monetary benefits. Account holders were allegedly persuaded to share bank credentials, debit cards, and SIM cards, which were then used for executing cyber fraud transactions and withdrawing money through multiple channels.
During the operation, police recovered 28 debit cards, 12 SIM cards, and four mobile phones containing transaction logs, communication records, and other digital evidence. Officials believe the devices will help map the broader network and identify additional members involved in the racket.
₹4 Lakh Frozen In Probe
Authorities also managed to freeze approximately ₹4 lakh during the investigation, preventing further dissipation of the stolen funds. Police said rapid financial tracking and coordination between cyber units played a crucial role in limiting the financial damage.
Preliminary findings suggest that the syndicate used fast, layered transactions across multiple accounts to evade detection and complicate the money trail. Investigators are now examining whether the network has links to other cybercrime modules operating in different states.
Police officials added that efforts are underway to identify additional beneficiaries and facilitators connected to the case. Digital forensics teams are analysing mobile data and banking records to trace the full extent of the operation.
The case once again highlights the growing threat of mule-account-based cyber frauds, which authorities say are increasingly being used by organised networks to exploit unsuspecting victims across the country.
