Businessman loses ₹17.9 lakh in cyber fraud after suspected malicious APK download
HYDERABAD: A 57-year-old businessman from West Maredpally lodged a complaint with police after ₹17,98,990 was fraudulently withdrawn from his bank account through suspected cyber fraud.
Prakash Chand Jain, son of Late Laxmi Chand Jain, a resident of Grandeur Homes in West Maredpally within Maredpally police station limits, reported that the amount was debited from his HDFC Bank account without his knowledge or consent.
Fraudulent bank transactions discovered by complainant
According to the complaint received on March 12, 2026, Jain stated that the transactions were not initiated by him and were carried out fraudulently.
During verification of his mobile phone, he discovered that an APK file named “PM Kisan Yojna h21.apk” had been downloaded without his knowledge.
Malicious mobile application suspected in cyber crime
The complainant suspected that the file facilitated unauthorised access to his banking details, leading to the fraudulent withdrawals.
Jain stated that the incident caused him a financial loss of ₹17,98,990. He requested the police to take necessary action and investigate the cyber fraud.
Police have received the complaint and further investigation is expected to determine the modus operandi behind the fraudulent transactions.
