Davanagere (Karnataka), Oct 11, 2025

rnataka police have cracked a gang of cyber criminals involved in siphoning off Rs 150 crore in Davanagere city and arrested one of the accused on Saturday, officials said. The authorities have frozen Rs 18 crore in the case.

Preliminary investigations have revealed that between July 27 and August 19, deposits amounting to Rs 150 crore were made into the account of the arrested accused, Syed Arafat, 28, a resident of Shantinagar in Belur taluk of Hassan district. The gang had withdrawn Rs 132 crore, while the police have frozen the rest amount, Rs 18 crore.

A hunt has been launched for the other two accused. The case was taken up for investigation following a complaint by H.N. Pramod, who reported that Rs 54.16 lakh had been siphoned off from his acc

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