New Delhi, Feb 8 (NationPress) The Crime Branch of Delhi Police has successfully dismantled a sophisticated cyber fraud network with international connections, leading to the arrest of three individuals implicated in an organized cyber-financial scheme.

This significant breakthrough was achieved by the Northern Range-1 (NR-1) team during their ongoing 'Cy-Hawk' operations, officials reported on Sunday.

As per an official statement released by the Crime Branch, an E-FIR No. 53/2025 (60001651/2025) was lodged on December 17, 2025, under various sections of the Bharatiya Nyaya Sanhita (BNS) at the Police Station Crime Branch, Delhi. The case was initiated following a complaint by Ranjan (56), a resident of Uttam Nagar, who claimed to have been defrauded of roughly Rs 42.5 lakh in a stock market-related cyber scam.

During the investigation, authorities discovered that the funds had been transferred into 36 different bank accounts. Notably, Rs 3,74,065 was moved on September 3, 2025, from the complainant’s Kotak Mahindra Bank account to a UCO Bank account located in R.K. Puram, which was subsequently withdrawn on the same day via cheque. The beneficiary account was identified as belonging to Sabbir Ahmed, a resident of Munirka Village in south-west Delhi.

A special team was constituted under Inspector Ajay Kumar Sharma's guidance, with ACP Ashok Sharma overseeing operations. Sabbir Ahmed was apprehended on January 21, 2026. During questioning, he disclosed that he had opened 9-10 bank accounts across various banks and had provided the banking kits to Md. Sarfaraz (31) and Md. Dilshad (21), both residents of Batla House. He further revealed that he received a 2 percent commission on the defrauded amount.

In a subsequent operation, Sarfaraz and Dilshad were taken into custody on February 5. Their interrogation yielded crucial information, as both admitted to having ties with Chinese handlers. They confessed to being involved in the sale of USDT (cryptocurrency) to Chinese nationals, thereby establishing international cyber-financial connections.

The accused also acknowledged organizing dummy candidates and facilitating the creation of numerous bank accounts in collaboration with bank officials. The press release indicated that after becoming aware of Sabbir Ahmed’s arrest, they attempted to eliminate evidence by destroying SIM cards and cheque books, although the mobile device used in the crime was eventually recovered.

“All three suspects had previously been arrested in FIR No. 45/25 dated September 25, 2025, under various sections of BNS, confirming their ongoing involvement in organized cyber fraud activities,” the release elaborated.

Deputy Commissioner of Police Pankaj Kumar remarked that these arrests and the recovery of critical evidence underscore the commitment and technical proficiency of the NR-1 team.

Ongoing investigations are aimed at identifying additional suspects, handlers, and the broader money-laundering network associated with this scheme.