NOIDA, March 4 -- Police in Noida Phase 2 on Tuesday said they had bust a two-person racket accused of swapping ATM cards of unsuspecting users and withdrawing money from their accounts after stealing their PINs with the arrest of a 30-year-old man. According to the police, the arrest followed an investigation into complaints of unauthorised withdrawals reported in the area and CCTV analysis of ATM kiosks in that regard.

Police said the accused, identified as Ameeruddin, a resident of Chitta village under Salempur police station in Bulandshahr district, was arrested near Illahabas Chowk late Monday.

Official said 12 ATM cards from different banks, an illegal knife, and a car - a Maruti WagonR - were also recovered from his possession. H...