📷 Image: Wikimedia Commons / Bhattirajput
Crime
Police Nab Suspect in ₹5.8 Million Crypto‑Hacking Scam
✍️ Amar Ujala · Punjab
🗓 09 Sep 2026, 06:18 PM
👁 3
Authorities say a ₹5.8 million cryptocurrency fraud is under investigation, with one suspect already in custody.
The cybercrime wing of the Punjab police has arrested a man suspected of orchestrating a cryptocurrency fraud that allegedly siphoned off around ₹5.8 million from victims. Investigators say the scheme involved hacking into digital wallets and transferring the stolen funds to untraceable accounts.
Officials indicated that the arrested individual is believed to be part of a larger network, and further arrests are expected as the probe expands. The police have launched a multi‑pronged inquiry, examining transaction logs, digital footprints, and potential accomplices across different regions.
The case highlights growing concerns over crypto‑related scams in India, prompting law‑enforcement agencies to strengthen cyber‑security capabilities. Victims have been urged to report any similar incidents to the cybercrime helpline.
No official statements from the accused have been released, and the investigation remains ongoing as authorities work to recover the misappropriated funds.
Officials indicated that the arrested individual is believed to be part of a larger network, and further arrests are expected as the probe expands. The police have launched a multi‑pronged inquiry, examining transaction logs, digital footprints, and potential accomplices across different regions.
The case highlights growing concerns over crypto‑related scams in India, prompting law‑enforcement agencies to strengthen cyber‑security capabilities. Victims have been urged to report any similar incidents to the cybercrime helpline.
No official statements from the accused have been released, and the investigation remains ongoing as authorities work to recover the misappropriated funds.