Hyderabad, October 11, 2026 (Yes Punjab News)
Hyderabad Cybercrime Police have arrested two men for allegedly collecting around 70 mule bank accounts and supplying them, along with SIM cards, to cybercriminals in exchange for commissions. The accounts are suspected to have been linked to around 450 cybercrime cases across India involving transactions worth approximately Rs 60-70 crore, police said on Sunday.
The accused have been identified as Gumma Ramesh, 39, and Mudale Anil, 19, both residents of Ramanthapur in Hyderabad.
Their arrests are linked to a case involving an alleged online fraud in which a victim was cheated through Facebook on the pretext of purchasing an old one-rupee currency note for Rs 45 lakh. The victim reportedly paid Rs 7,93,351 to the fraudsters.
Based on the complaint, a case was registered under Sections 66C and 66D of the Information Technology Act and Sections 318(4), 319(2), 336(3) and 340(2) of the Bharatiya Nyaya Sanhita (BNS).
During interrogation, the accused allegedly confessed to their involvement in the offence, police said.
According to S. Chaitanya Kumar, in-charge Deputy Commissioner of Police at the Cybercrime Police Station, the accused told investigators that their income was insufficient to meet personal expenses and other financial needs. They allegedly decided to supply bank accounts and SIM cards to cybercriminals in return for substantial commissions.
Ramesh, who had previously lived in Karnataka’s Bidar district, moved to Hyderabad due to financial difficulties and was working as a cab driver. Police said he allegedly established contacts with cyber fraudsters and, along with an absconding accused, began approaching students, delivery partners and other people in and around Ramanthapur.
The group allegedly persuaded around 60-70 people to hand over their bank accounts and SIM cards in exchange for commissions.
After collecting bank passbooks, ATM and debit cards, internet banking credentials and SIM cards, Ramesh allegedly couriered them to individuals in Haryana for use in cybercrime operations.
Police suspect that the network’s collection of bank accounts and SIM cards enabled the main accused to target hundreds of victims, with suspected transactions amounting to Rs 60-70 crore.
Anil allegedly opened three savings bank accounts in different banks in exchange for a commission from Ramesh and handed over the associated account credentials to him.
The investigation is focused on the alleged use of these accounts and SIM cards in cybercrime cases across the country.
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