NAGPUR: A 65-year-old businessman from Ramdaspeth was allegedly cheated of ₹9.80 lakh after a cyber fraudster posing as a Bank of Maharashtra official sent him a link under the pretext of processing his pension card.

According to the complaint, the victim, Narendra Bhargav Kane, owns Rishi Industries, a plastic manufacturing company located in the U-24 industrial area under the jurisdiction of MIDC Police Station.

On October 23, 2026, at around 4 pm, the victim received a call from an unidentified person using mobile number 7321942218. The caller claimed to be speaking from Bank of Maharashtra and told the victim that a link would be sent to him for processing his pension card. He instructed the victim to open the link and fill in the required details.

Believing the caller, the victim opened the link on his mobile phone and submitted the requested information. Subsequently, two transactions of ₹4.90 lakh each were debited from his Bank of Maharashtra account at 4.19 pm and 4.21 pm, resulting in a total loss of ₹9.80 lakh.

When the victim attempted to contact the caller, the phone was found switched off. He then realised that he had been cheated.

Based on his complaint, MIDC Police registered a case against the unidentified accused under Section 318(4) of the Bharatiya Nyaya Sanhita (BNS) and Section 66(C) of the Information Technology Act. Further investigation is underway.