India, Sept. 26 -- The cyber police of Pimpri-Chinchwad police commissionerate on Wednesday arrested six individuals from a Kondhwa hotel involved in duping citizens by luring them with promises of high returns in the share market. During the investigation, it was revealed that the accused were providing local bank accounts to Chinese cyber fraudsters.

Preliminary findings suggest that the group has defrauded approximately 150 to 160 people, with the total scam amount estimated to be between Rs.20 and Rs.25 crore.

The arrested persons have been identified as Yash Bharat Patole, 25, from Raman Mala, Kolhapur; Yasir Abdul Majid Sheikh, 34, from Nirman Seren, Undri; Mohammad Sultan Ahmed Zahiruddin, 30, from Patna, Bihar; Maj Afzar Mirza, ...