Nagpur: A 60-year-old retired employee from Dharampeth was allegedly duped of ₹11.05 lakh after two men lured him into a fraudulent online trading investment scheme, promising high returns.

The Cyber Police have registered a case against Vinay Sunilkumar Jharia and Deepak Kumar in connection with the alleged fraud.

According to the complaint filed by Shaligram Pali (60), a resident of VIP Road, Dharampeth, the accused allegedly sent a link to his mobile phone and told him that investing money in trading would generate substantial profits.

The victim reportedly opened the link and, following the instructions provided by the accused, made multiple investments of different amounts on different dates. Police said the accused allegedly collected a total of ₹11,05,744 online from the victim.

However, after receiving the money, the accused allegedly neither paid him the promised profits nor returned his principal amount. The victim subsequently approached the Cyber Police, alleging that he had been cheated after the accused gained his trust.

A case has been registered under relevant sections of the Bharatiya Nyaya Sanhita (BNS), along with Sections 66(c) and 66(d) of the Information Technology Act.

Police are investigating the online transactions and attempting to trace the accused. No arrest had been made when the case was registered.