In a major breakthrough under Operation Cyber Sangram, police have arrested six more individuals—including four Axis Bank employees and the alleged mastermind—in a sprawling mule account racket used for cyber fraud. With this, the total arrests in the case have risen to 16.
Superintendent of Police Sudhir Choudhary revealed that the accused were involved in selling hundreds of current and corporate bank accounts—commonly known as mule accounts—to cybercriminals in exchange for commissions. These accounts were then used to route suspicious financial transactions totaling over Rs500 crore. Authorities have already received over 4,000 complaints related to this scam on the NCRP (National Cybercrime Reporting Portal).
As part of the crackdown, police have frozen Rs5 lakh across 10 mule accounts and seized Rs2.51 lakh in cash from the suspects.
Varun Patwa (Udaipur native, currently in Gurugram)
Sahil, Sales Manager at Axis Bank Budhakhera, Hisar
Gulshan, also Sales Manager at Axis Bank Budhakhera, Hisar
Satish Kumar, resident of Hisar
Asu Sharma, Merchant Inquiry Business, Axis Bank Barwala
Anchal, Sales Officer at Axis Bank Budhakhera, Hisar
Authorities believe that insider involvement by bank staff enabled the large-scale issuance and misuse of mule accounts. Investigations are ongoing, with more arrests likely as police dig deeper into the interstate syndicate.
