Authorities in Karimnagar have dismantled a cybercrime network and arrested 12 individuals, including the alleged kingpin, following a coordinated police operation targeting financial fraud activities.
The action was carried out by the Karimnagar Police Commissionerate under an initiative called “Operation Crackdown,” launched to control cybercrime in the district. The arrests include the alleged mastermind Muduganti Rajeshwar Reddy along with Nandagiri Saivardhan, Kalidas Kaushik, Mulankula Rajkumar, Bandi Sai Krishna, Adavelli Sai Karthik, Meer Jamiuddin, Mohammad Javad Khan, Sardar Daljeet Singh, Pallerla Ajay, Nirmalla Shiva and Diddi Saicharan.
Speaking to the media on Sunday, Commissioner of Police Gaush Alam explained how the gang operated. According to the police, the accused created bank accounts in the names of unsuspecting individuals across different banks. These accounts included both savings and current accounts.
After opening the accounts, the group collected passbooks, ATM cards and SIM cards linked to them. These details were then sold to higher-level cybercriminals who used the accounts to move and withdraw money obtained through online fraud.
Police said the mule bank accounts were used by cyber fraudsters to transfer, exchange and withdraw funds from various digital scams. The activity helped cybercriminals hide the movement of illegal money.
The case was registered after a complaint was filed at Karimnagar Town-II Police Station. Authorities booked the accused under Sections 112 and 318(4) of the Bharatiya Nyaya Sanhita and Section 66D of the Information Technology Act, 2000. An investigation was launched soon after the complaint.
Police officials also confirmed that similar cases connected to the gang have been registered in several police stations across Karimnagar town.
The crackdown is part of ongoing efforts by law enforcement agencies to stop cyber fraud networks that rely on mule bank accounts to carry out digital financial crimes.
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