Nagpur Rural Police have arrested six people, including a lawyer, in an alleged ₹9.88 crore cyber fraud involving RTGS transfers.
The money was allegedly transferred from a victim’s bank account between July 4 and 6, 2026, without the victim sharing an OTP or downloading any suspicious link. Police have frozen and recovered approximately ₹4.21 crore.
How Was ₹9.88 Crore Transferred?
Investigators said unidentified accused transferred ₹9,88,83,999 through Real Time Gross Settlement (RTGS) transactions. Police suspect SIM swapping may have been used to gain access to the account, although the exact method remains under investigation.
The victim promptly approached the Cyber Police Station, Nagpur Rural, through an online complaint. An FIR was registered at Wadoda police station on July 8 under relevant provisions of the Bharatiya Nyaya Sanhita and Section 66D of the Information Technology Act.
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Who Are the Six Accused?
Those arrested are Hanuman Ram, 26, from Ghazipur; Ravikumar Yadav, 24, from Shivni; Azim Mithani, 26, from Mumbai; Mukeshkumar Mishra, 41, from Mira Road, Thane; Rakesh Singh, 44, from Palamu, Jharkhand; and Ankur Goswami, 30, from Ghaziabad.
Police identified Mukeshkumar Shamshankar Mishra as an advocate practising in the Bombay and Delhi High Courts. Investigators allege that Mishra, who reportedly operates the Mumbai-based legal firm Lawmatics, guided and directed the other accused in executing the fraud.
How Did Police Trace the Suspects?
Cyber police conducted technical examinations of suspicious bank accounts and accounts linked to fintech companies. Investigating teams subsequently travelled to locations across Delhi, Mumbai and Uttar Pradesh, leading to the six arrests.
Police said ₹4,20,61,162 of the allegedly defrauded money had been recovered and frozen.
What Is Police Investigating Next?
Investigators are examining whether angadia networks and hawala channels in Mumbai and Delhi were used to move the money.
The investigation is continuing to establish the complete movement of funds, determine the roles of those arrested and identify any further involvement.
The case highlights how substantial financial losses can occur even when a victim reports neither sharing an OTP nor downloading a suspicious link. The suspected use of SIM swapping and the examination of banking and fintech accounts underline the importance of establishing how unauthorised transactions were initiated and where the money subsequently moved.
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