2 arrested for cheating 81-year-old businessman of ₹15.45 crore in digital arrest scam
Fraudsters falsely claimed that one of Ajit Saraf’s two SIM cards was used for illegal transactions, that he was linked to Jet Airways founder and former CEO Naresh Goyal, and that he was involved in a money laundering case worth Rs 25 lakh. | Photo Credit: Photo for illustration purposes only
Belagavi police arrested two persons from Hyderabad (in Telangana) for duping an 81-year-old businessman of ₹ 15.45 crore through a digital arrest scam.
A team from the City Cyber Crime branch arrested Venkadot Sarath Naik, a resident of Gachibowli Hostel, Hyderabad, and Degawata Sripad Naik, a resident of Changi Chorla, Shivdurga Nagar, Hyderabad. They were arrested in Hyderabad on April 6 and produced in court on April 7.
It was published – 10 April 2026 16:05 IST
