The Kadapa Police on Friday, November 14, 2025, busted a large-scale inter-state digital fund scam, arresting twelve persons and recovering Rs12.58 lakh in cash. Authorities also seized seventeen mobile phones, thirteen bank passbooks, six cheque books, 52 ATM cards, 16 SIM cards, and six Aadhaar cards during the operation.
The main accused, R. Narasimha alias Naveen, 35, a business management graduate from Shivamogga (Karnataka), allegedly collected bank account details through social media platforms such as Telegram. He reportedly used mule accounts to receive deposits and then transferred the funds into cryptocurrency or converted them into cash.
Another key accused, Piyush Teli, 25, a graduate with prior experience working in Dubai, was found to have extensive knowledge of transferring large amounts of funds and played a key role in moving money across accounts.
Police are continuing investigations to trace the full network of the accused and identify other possible victims and sources of illicit funds.
