India, Oct. 14 -- A 74-year-old businessman and resident of Peddar Road has lost around Rs.4.52 crore to a digital arrest fraud after cyber fraudsters led him and his wife to believe they had become entangled in a money-laundering case, according to the police.

Over 20 days, the fraudsters impersonated senior police officers, threatened the couple with arrest and used forged Supreme Court documents to convince the couple that they were under investigation, officers said.

The South Cyber police have registered a case of cheating and impersonation against unidentified persons.

The ordeal began on September 19, when the businessman received a call from a man who identified himself as Chirag Rawal from the Colaba police station. The caller...