Cyber Vigil Hyderabad

Hyderabad Cyber Crime Police arrest three from Andhra for online investment fraud

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Crime

HYDERABAD: The Cyber Crime Police of Hyderabad City have arrested three men from Andhra Pradesh Madathala Ramesh Reddy, Gandi Srinu, and Gurrapukonda Sridhar for allegedly providing bank accounts to organised cyber-criminal networks involved in online investment scams.

Police said the trioโ€™s accounts were used by fraudsters running fake investment schemes on WhatsApp and Telegram groups. These schemes lured investors with promises of high returns, defrauding victims across India of several lakh rupees.

Investigators have registered multiple cases, including Crime Nos. 362/2025, 867/2025 and 1328/2025, in connection with the offences.

Devices and cards seized

During the operation, police seized mobile phones and debit cards that were used in the commission of the crimes. The arrests were made under the supervision of Siva Maruthi, Assistant Commissioner of Police, Cyber Crime, and Inspector S. Naresh.

Public advisory issued

The Cyber Crime Police have urged the public to remain alert to fraudulent investment offers on social media. Officials advised citizens to verify the authenticity of investment platforms with the Securities and Exchange Board of India (SEBI) before investing. They also warned people not to share banking details with unknown persons or trust schemes offering unrealistic profits.

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