Two From Gujarat Dupe Hyderabad Resident Of Rs 32 Lakh ArrestedTwo from Gujarat dupe Hyderabad resident of Rs 32 lakh, arrestedHyderabad Cybercrime Police arrested two men from Gujarat for duping a city resident of Rs 32 lakh through a fake trading app. The accused, including a former Ranji player, are linked to 12 similar fraud cases across multiple StatesBy Telangana Today Published Date - 20 September 2025, 12:23 AMHyderabad: The Hyderabad Cybercrime Police arrested two men from Gujarat on charges of duping a city resident to the tune of Rs 32 lakh through a fake online trading scheme. Police said the duo had convinced the victim to download a fraudulent trading app, invest in shares and IPOs, and later blocked withdrawals while demanding more deposits. Rajendar supplied multiple bank accounts to the fraudsters, while Arothe, a former Ranji player, diverted funds by converting them into cryptocurrency through e-wallets. The duo is also linked to 12 similar cases across India, including in Telangana, Maharashtra, Karnataka, and West Bengal.