Unidentified person allegedly exploited lost mobile phone to transfer and withdraw money from IndusInd Bank account

Nagpur: A 41-year-old transport businessman from Hudkeshwar was allegedly duped of ₹8.49 lakh after an unidentified person misused his lost Samsung Galaxy S25 mobile phone to access his IndusInd Bank account and withdraw the money through multiple channels.

The complainant, Ashiq Laxman Sahare (41), a resident of Hudkeshwar, told police that he lost his mobile phone on or around September 10.

According to the complaint, the unidentified accused allegedly gained unauthorised access to the lost phone and used it to operate Sahare's internet banking facility. Money was allegedly transferred from his IndusInd Bank account, following which cash was withdrawn through various ATMs and POS machines.

The fraudulent transactions caused Sahare a total financial loss of ₹8,49,999, police said.

Sahare approached Hudkeshwar police after noticing the unauthorised transactions. Police registered a case on September 14 under Section 318(4) of the Bharatiya Nyaya Sanhita (BNS) and Section 66(C) of the Information Technology Act, relating to cheating and identity theft.

The accused has not yet been identified or arrested. Police are examining the transaction trail, ATM withdrawals and other available evidence to establish how the lost phone was used to access the bank account and trace the person behind the fraud.

The investigation is underway.