New Delhi, March 23 Two individuals have been arrested for allegedly defrauding a Delhi resident of over Rs 21 lakh under the pretext of high-return online investments and prepaid services, police said on Monday.
The police have arrested Narender, 24, and Prem Prakash alias Lovely, 38, both residents of Sikar district in Rajasthan. They also recovered two mobile phones used in the commission of the crime, along with crucial digital evidence.
According to the police, the case involves an online investment fraud in which the complainant was lured into transferring money with promises of lucrative returns. The fraudsters allegedly continued to demand additional payments under various pretenses, such as prepaid services, account verification, and other fabricated charges.
An e-FIR was registered on November 13, 2025, at the Central district Cyber Police Station under relevant provisions of the BNS, following a report from the victim of a total loss of Rs 21.46 lakh.
During the investigation, the team tracked financial transactions to trace the money trail. A suspicious transaction of Rs 3 lakh was traced to a bank account in Sikar, following which the team reached Rajasthan and questioned a man identified as Surender.
He revealed that Narender had routed the money through his account, and he handed over the amount in cash to him. Further investigation led to the arrest of Narender, who allegedly transferred Rs 2.8 lakh to Prem Prakash after keeping Rs 20,000 as commission.
In turn, Prem Prakash handed over Rs 2.6 lakh to another man, Ankit, after retaining Rs 20,000, police said.
Both accused were subsequently apprehended based on technical evidence, statements, and field verification.
Efforts are underway to trace the remaining accused, including Ankit, and further investigation is in progress, police added.
