Hyderabad: The Telangana Cyber Security Bureau (TGCSB) has arrested two individuals for allegedly scamming a man of Rs 5.4 crore under the guise of online trading investments.
The two individuals, Rampilla Konda Rao and Rampilla Chandrasekhar Azad are both the Directors of a firm named Ricky Software Tech Private Limited.
According to Shikha Goel, Director of TGCSB, the suspects attracted victims through social media platforms.
Following a complaint from the victim, the police registered a case and apprehended Konda Rao and Chandrasekhar Azad.
Authorities confiscated their mobile phones, PAN cards, GST registration certificates, and other documents during the arrest.