Delhi Police's Cyber Police Station, North-West District, has dismantled a ₹20.72 lakh share market investment fraud, arresting three individuals — including a deputy manager of a private bank — for allegedly cheating a victim through promises of high returns on stock market investments. The arrests were made following a months-long investigation that traced the money trail to Mavli, Udaipur, Rajasthan.

The Accused and Their Roles

The three arrested have been identified as Kanhya Das, 36, a taxi driver; Rahul Tailor, 28, engaged in the money transfer business; and Arif Hussain Mansuri, 35, a deputy manager at a private bank. Police recovered four mobile phones from the accused, which yielded key digital evidence.

According to investigators, Das provided his bank account to receive the defrauded amount, while Tailor allegedly facilitated cash withdrawals through self-cheques and handled money transfers. Mansuri, the bank official, reportedly facilitated access to the bank account in exchange for a 2 per cent commission.

How the Fraud Unfolded

The victim was lured with assurances of substantial returns through share market investments, a common modus operandi in cyber investment scams. After being induced to invest, the victim lost ₹20,72,000 to the fraudsters. An online complaint was subsequently filed at the Cyber Police Station, North-West District.

Police registered FIR No. 12/25 dated 27 February 2025 under Section 318(4) of the Bharatiya Nyaya Sanhita (BNS). The cheated amount was routed through a bank account and withdrawn via cheque, with the account serving as a second-layer conduit — approximately ₹2 lakh linked to this case was transferred through it.

The Investigation Trail

A dedicated team comprising SI Ashang, HC Amit, and Constable Ravinder was constituted to probe the case, working under the supervision of Inspector Dinesh Dahiya, SHO/Cyber, North-West District, and ACP/Cyber Srishti Bhatt. The team conducted a detailed analysis of the money trail, bank account records, technical footprints, mobile numbers, and location data linked to beneficiary accounts.

Technical surveillance and field intelligence led investigators to Mavli, Udaipur. Das and Tailor were arrested from Mavli on 23 May. Further examination of recovered mobile phones established Mansuri's alleged involvement, and he was subsequently arrested from the same location. Investigators found that Mansuri had been posted at the bank branch since April 2024.

Police Advisory to the Public

Delhi Police has urged citizens to remain vigilant against unsolicited calls, messages, social media profiles, or online groups promising guaranteed or quick profits through share market investments. The public has been advised never to share OTPs, passwords, or banking credentials with unknown persons, and to verify investment platforms through official sources only.

Victims of cyber fraud are urged to report incidents immediately by calling the National Cyber Crime Helpline at 1930 or through the National Cyber Crime Reporting Portal, to enable timely action and potential recovery of defrauded amounts. This case underscores a growing pattern of investment scams exploiting public interest in equity markets — with insiders increasingly implicated in enabling fraud networks.