The police has made such a big revelation in the world of cyber crime, which has shocked the entire country. In a press conference held at the Police Commissioner’s office on Friday afternoon, Police Commissioner (CP) Vijay Kumar and DCP (Cyber Crimes) V. Arvind Babu said that under ‘Operation Octopus’, the police has exposed a huge cyber fraud syndicate spread in 16 states of the country.
In this major action, the police have arrested 104 people, who are involved in the fraud of about Rs 127 crore. The scam is linked to more than 1,055 episodes, indicating its sheer size. The police had formed 32 special teams for this operation, which eliminated this gang by conducting continuous raids for 10 days.
Bank officer mastermind in fraud
The most shocking thing in this case is that the role of a bank officer has also been found in this fraud, who helped the accused in opening fake accounts and keeping them active. Of the 104 people arrested, 86 are holders of ‘mule accounts’ (bank accounts that are used to transfer fraudulent money), while 17 people are suppliers who used to provide these accounts.
OPERATION OCTOPUS Hyderabad Police dismantles Pan-India cyber fraud syndicate in a major crackdown 104 arrested across 16 States Mule account holders, accounts suppliers, bank officials apprehended for complicity ₹36 Lakhs in Cash & 200+ Mobile Phones Seized The Hyderabad… pic.twitter.com/a5dh2kdciy
— Cyber Crimes Unit Hyderabad (@CyberCrimeshyd) February 24, 2026
Police recovered more than 200 mobiles including Rs 36 lakh
Police have seized Rs 36 lakh in cash, more than 200 mobile phones, 141 SIM cards, 152 passbooks and 234 ATM cards from these accused. Seeing this, it can be estimated how extensive and organized this network was. According to the police, these people used to motivate unemployed youth to give away their bank accounts and SIM cards in the name of small gains, which were later used for cyber fraud.
There has been an increase in cyber fraud in the last few years
This action shows the strict intentions of Hyderabad Police against cyber crime. In the last few years, there has been a rapid increase in the cases of cyber fraud, where it has become common to launder the fraud money through ‘mule account’. Usually in such cases it takes years for the victims to get justice, but Hyderabad Police has proved through technical expertise and ground action that if the intentions are right then it is not difficult to expose such inter-state gangs. The success of this operation is proof that the police are now focusing on breaking the supply chain of cyber criminals.
Police Commissioner appealed to the public
The Police Commissioner has appealed to the public not to give their bank accounts in someone else’s name or on rent, as doing so is not only illegal but also proves helpful to cyber criminals. He said that bank officials and telecom companies also need to be cautious while opening accounts and issuing SIM cards. This arrest is not just an action, but it is a message that Hyderabad Police is not going to spare cyber thugs. There is a possibility of more revelations in this case in the coming time, which will lead the police to the masterminds of this network.

