Bhubaneswar: The Commissionerate Police has arrested three persons in connection with a large-scale online investment fraud involving fake trading applications, in which a man was cheated of Rs 94,62,461 lakh, police said Thursday. The accused have been identified as Lala Basantara (21), Manas Kumar Sahu (30) and Chinmaya Sahoo (19), all residents of Debagarh district. The complainant was induced to invest money through two mobile trading applications named BOB Caps (BOB Capital Markets Limited, Mumbai) and Chola Pro (Cholamandalam Securities Limited, Chennai). Believing the claims to be genuine, the complainant transferred money through UPI, NEFT and RTGS to various third-party bank accounts as directed by the accused. Subsequently, the applications showed the account status as abnormal and all related WhatsApp groups became inactive, raising suspicion of fraud.