Nagpur: In a major breakthrough, the Nagpur Cyber Police have busted a fake call centre operating out of Indore, Madhya Pradesh, that allegedly defrauded over 200 individuals across India, including a city resident who was conned out of more than ₹63 lakh through an elaborate algo-trading investment scam.
The case came to light after Sunil Dongare from Nagpur filed a complaint stating that he was approached on March 5, 2024, by two individuals—Abhishek and Riya—who claimed to offer expert advice on algo-trading investments. After Dongare expressed interest in investing ₹1 lakh, the accused sent him what appeared to be a SEBI license, registration number, and an agreement document via email to build trust.
Initially, the accused convinced Dongare to conduct 12 trades and promised him 24.75% commission on profits. Gradually, he was made to transfer a total of ₹12,43,693 to various accounts. When he tried to withdraw the returns, the fraudsters demanded an additional ₹4,83,915 as CGST. Trusting the process, Dongare transferred the money via RTGS to an individual named Shubham Sengar.
Over time, the accused sent fake case papers to establish legitimacy and manipulated the victim into making repeated transactions. In total, Dongare was defrauded of ₹63,17,857.
Acting on the complaint, the Cyber Police promptly initiated technical analysis of mobile numbers and bank transactions. The investigation revealed that the accused were operating from Indore. A special team led by Senior Police Inspector Baliram Sutar and Assistant Inspector Kavikant Chaudhary raided the location and apprehended two key suspects—Sunil Pratapsingh Rajput and Abhishek Chandrakant Gupta.
During the raid, police seized computers and other equipment used in the operation of the fraudulent call centre. The duo was produced in court and remanded to police custody till May 15, 2025.
Further interrogation revealed the involvement of a third accused, Bunty alias Vihaan Kamalchand Solanki, who handled the calling operations. He was arrested on May 13, and police recovered six mobile phones, one laptop, and a SIM card from his possession.
According to investigators, the accused ran the fake call centre with a staff of 25 employees and have cheated over 200 victims across the country. The cyber police are now tracing additional victims and financial trails.
The operation was conducted under the guidance of Police Commissioner, Additional Commissioner of Police (Crime), and DCP Cyber Lohit Matani. The success of the investigation was attributed to the coordinated efforts of Senior PI Baliram Sutar, API Kavikant Chaudhary, officers Shailesh, Prafull, Yogesh, and cyber analyst PSI Rohit, who effectively used technical tools to crack the case.
