Two Paytm Employees Arrested For Illegally Releasing Rs 30 Lakh From Frozen Accounts
Cops said Chandresh Rathore of Jabalpur and Tariq Anwar of Mau used their access privileges to bypass restrictions on frozen accounts, allowing funds to be withdrawn unlawfully
Noida Police have arrested two employees of Paytm Payments Bank for allegedly releasing nearly Rs 30 lakh from accounts that were frozen due to their suspected involvement in fraudulent activities. The arrests were made after an internal investigation revealed unauthorised transactions carried out by the accused staff members.
According to police officials, the employees— Chandresh Rathore of Jabalpur and Tariq Anwar of Mau—used their access privileges to bypass restrictions on frozen accounts, allowing funds to be withdrawn unlawfully.
The Times of India reported that the accused acted under the direction of an intermediary who communicated with the owners of several frozen accounts—likely individuals under investigation for various cyber fraud cases. These account holders reportedly paid the accused to unlock their accounts and release the funds.
थाना साइबर क्राइमः- खातों में फ्रीज पड़ी धनराशि को बिना किसी लॉ इनफोर्समेंट एजेन्सी/मा0 न्यायालय की अनुमति/आदेश के फ्रॉड की नियत से अनुचित लाभ ले कर डीफ्रीज कर 29,97,059 रूपये की धनराशि रिलीज करने के प्रकरण में 02 अभियुक्त गिरफ्तार किये गये। #CyberSafety pic.twitter.com/VIZShS2ph5 — POLICE COMMISSIONERATE GAUTAM BUDDH NAGAR (@noidapolice) July 15, 2025
The illegal transactions were detected during routine audits conducted by the company's fraud-prevention team, which immediately alerted law enforcement agencies.
The two staffers, who were part of Paytm's operations team, reportedly manipulated the system to facilitate the transfer of funds without following proper verification protocols. This breach raised serious concerns about the security and integrity of Paytm's financial operations.
Police are investigating whether the released funds were linked to larger financial scams or money laundering activities. The arrested employees have been taken into custody for further questioning, and authorities are scrutinising their communication and transaction records to identify possible accomplices.
Senior police officer Vivek Ranjan Rai was quoted as saying by NDTV that the accused 'helped cyber criminals this way for several years before getting caught". Another officer said more employees of the company could be involved in the scam.
Paytm has expressed its cooperation with the investigation and reiterated its commitment to stringent security measures to prevent such incidents. The company emphasised that it is taking steps to strengthen internal controls and protect customer assets from fraud.
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