Cyberabad Police bust mule account racket, four held

Cyberabad Police have arrested four persons, including two bank employees, for allegedly opening mule bank accounts to facilitate online fraud. Police said Rs 6.67 lakh was routed through one account and efforts are on to trace more accused and victims

Hyderabad: Officials of the Cyberabad Police Cybercrime Wing arrested four persons, including two bank employees, for allegedly facilitating cyber fraud by opening and operating multiple mule bank accounts linked to organised online scams.

The arrested suspects are Jawwad Qadri Rifai and Mohd Naushad, who supplied bank accounts for fraudulent transactions, along with P Pranavaraj, Sales Manager, and Shankar Rathi, Branch Manager of a private bank in Jubilee Hills.

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According to the police, the two account holders created a fake business entity using forged rental and business documents to open a current account at the Jubilee Hills branch. After the account was opened, banking credentials, including ATM cards, cheque books, and internet banking access, were allegedly handed over to cyber fraud operators.

Police said Rs 6.67 lakh was routed through the account in October 2025 as part of online fraud transactions. The account holders reportedly received commissions, while the bank officials are accused of facilitating the opening and operational control of the account.

It is alleged that more than 30 mule accounts were opened at the same branch.

Efforts are underway to trace other associates and identify additional victims.