Lucknow: In a crackdown under Uttar Pradesh Police’s anti-cybercrime drive Operation Cy-Vajra, Balrampur Police arrested two men accused of cheating a loan applicant of ₹4.78 lakh by posing as bank officials and promising to arrange a business loan.The accused were identified as Mohit Nath and Sangam Nath, residents of Gonsaijot village under Utraula Kotwali police station limits. Police said the arrests followed an investigation into a suspected ATM cash-out point allegedly used to withdraw proceeds of cyber fraud.According to police, the case came to light after suspicious cash withdrawals were noticed at an ATM in the Gandhi Nagar area of Utraula. Investigators linked the transactions to a complaint on the National Cyber Crime Reporting Portal, in which a victim reported being duped of nearly ₹4.78 lakh on the pretext of securing a loan.Superintendent of police Vikash Kumar said the defrauded amount was routed through multiple bank accounts before being withdrawn in cash from local ATMs.Police said the duo travelled across several states selling rings and gemstones while claiming they could solve personal and financial problems, using the interactions to identify people in need of loans. They allegedly later contacted such individuals while impersonating bank officials, persuading them to pay processing and documentation fees after claiming the loan had been approved.During interrogation, police said, Mohit admitted that he and his brother-in-law, Sangam, targeted a Cuttack resident seeking a business loan, with Sangam posing as a bank manager.The accused were produced in court and remanded to judicial custody.
