
Andhra man arrested for duping many in fake stock mkt schemes
The accused was nabbed after a months-long technical operation spanning across Haryana, Delhi, Telangana, and Andhra Pradesh.
Deputy commissioner of police (Crime) Kundan Kanwaria said the accused has been identified as Palli Venkat Ramanjaneyulu.
"Acting on a complaint filed on Nov 17, 2024 at the Cyber Police Station, the team launched a detailed investigation. The complainant alleged that he was cheated through multiple transactions under the guise of investing in a fraudulent online stock trading platform," Kanwaria said.
Two other accused were already arrested earlier in connection with the case. Further technical analysis of the bank accounts revealed that Rs 1.42 crore was transferred to Ramanjaneyulu's account. Cyber investigators then examined his mobile usage patterns and digital trail. He was on the run, frequently changing locations and mobile devices to evade capture.
After three months of sustained tracking, the accused was finally traced to Krishna district in Andhra Pradesh and apprehended on 11 July 2025.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
This Could Be the Best Time to Trade Gold in 5 Years
IC Markets
Learn More
Undo
He was brought to Jaipur on a transit warrant and produced in court, which remanded him to police custody. He is now in judicial custody.
The accused operated a fake WhatsApp profile to contact victims, shared links to fraudulent stock trading websites, and persuaded them to invest. In the initial phase, small profits—actually diverted from the deposits of other victims—were paid to build trust. Once larger amounts were invested, he offered excuses for not returning the money and eventually cut off contact.
The cyber team has collected extensive digital evidence, examined bank transactions, and continues to analyse data linked to related accounts. Investigations are ongoing to identify more victims and potential accomplices.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Scroll.in
11 minutes ago
- Scroll.in
Kerala nuns held in Chhattisgarh for alleged religious conversion, bishops' group calls case ‘false'
Two nuns from Kerala and a man were arrested at the Durg railway station in Chhattisgarh on Saturday for alleged human trafficking and religious conversion, The News Minute reported. The nuns – Preeti Mary and Vandana Francis – are members of the Assisi Sisters of Mary Immaculate, a congregation under the Syro-Malabar Church in Alappuzha district's Cherthala town and were working at a hospital in Agra, Mathrubhumi reported. The two nuns and the man, identified as Sukhman Mandavi, were accompanying three women from Chhattisgarh's Narayanpur district. Sebastian Poomattam, vicar general of the Raipur Archdiocese, told The News Minute that the nuns were taking the women to Agra where they had been offered jobs of kitchen helpers at a convent. 'They had the consent letters from their parents and were all above 18 years of age,' he added. While at the railway station, a ticket examiner questioned the group on the platform. 'The girls and one man entered the platform where the nuns were waiting,' The News Minute quoted Poomattam as saying. 'The examiner asked about their tickets, and they said the nuns had them.' The vicar general claimed that the examiner informed members of the Hindutva group Bajrang Dal about the situation and that the outfit's members 'arrived in large numbers within minutes'. The police detained the nuns, the man and the three women. The Bajrang Dal vigilantes protested at the police station and demanded the registration of a first information report against the nuns, The News Minute reported. The nuns and Mandavi were remanded to judicial custody till August 8. They were charged under sections of the Bharatiya Nyaya Sanhita pertaining to human trafficking and sections of Chhattisgarh Religious Freedom Act. The three women were taken to a government-run shelter home. Unidentified police officers told the Hindustan Times that the nuns were allegedly taking the women to Agra with the promise of 'good facilities and a monthly salary of Rs 8,000 to Rs 10,000'. The police had reached the railway station based on a tip-off from members of the Bajrang Dal, the officers were quoted as having said. 'When questioned, the women said that initially they were told they would be offered jobs within Chhattisgarh, but when they reached Durg, they were told that the nuns had come to take them to Agra,' the newspaper quoted the officers as saying. Commenting on the incident, the Catholic Bishops' Conference of India alleged that a ' false ' case had been filed against the nuns under the influence of Hindutva groups, Onmanorama reported. The bishops' conference sought the intervention of Prime Minister Narendra Modi and Union Home Minister Amit Shah in the matter. Kerala CM seeks PM's intervention Kerala Chief Minister Pinarayi Vijayan on Sunday also sought Modi's intervention in ensuring justice to the two nuns, PTI reported. In a letter to the prime minister, the chief minister said that Mary and Francis were arrested when they had gone to receive women who were coming to work in their convent. Family members of the two nuns have claimed that they had not been able to communicate with them after they were taken into custody, he added. Vijayan requested the prime minister to intervene in the matter and ensure transparent and fair proceedings, PTI reported. Alappuzha MP KC Venugopal said on Sunday that attacks on minorities had seen 'a rampant increase under BJP-ruled states, be it Chhattisgarh, Odisha or MP [Madhya Pradesh]'. The Congress leader said that he had written to the Union home ministry and Chhattisgarh Chief Minister Vishnu Deo Sai demanding strict punishment against the culprits and the urgent need to uphold the Constitution 'so that fundamental rights of minorities are not threatened under their rule'. 'The latest attacks by Bajrang Dal goons on 2 Catholic nuns in Durg, Chhattisgarh point to a tacit support for such hate crimes from the ruling establishment,' Venugopal said on social media. In his letter to the home ministry and the Chhattisgarh chief minister, Venugopal said that it was 'deeply disturbing that self proclaimed vigilantes can instigate communal tension and make baseless accusations of conversion and trafficking without any legal foundation'. He added: 'Despite clear documentation and parental consent, the authorities have chosen to keep the nuns and the man in custody, reportedly under political pressure.'


Time of India
an hour ago
- Time of India
Odisha horror: Two separate rape cases of minor girls lodged in Malkangiri; rape victim delivers stillborn
NEW DELHI: Two separate rape cases have been reported from Odisha's Malkangiri district, with police confirming the arrest of two persons. In one of the cases, the survivor delivered a stillborn baby, according to PTI. According to Additional SP Rashmiranjan Senapati, the first incident occurred on July 20 in a village under Orkel police station. A 50-year-old man allegedly offered a girl a lift while she was on her way to her uncle's house and instead took her to a forested area where he raped her. The survivor informed her family the following day. After villagers failed to act, her uncle filed a police complaint on Saturday. 'As the villagers could not take any action, I took the matter to the police,' he said in the complaint. The accused was arrested the next day, police confirmed. The second incident was reported from the Mudulipada police station area. According to police, the survivor had allegedly been raped since 2024. The case surfaced after she gave birth to a stillborn baby at a government hospital. Following a complaint by her family, the accused was arrested. Earlier on July 20, another shocking case emerged from the district where a girl was gang-raped twice within hours first by three men and later by a truck driver who found her in distress. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Expense Of Toothbringing For The Elderly Could Blow You Off Dental Implant | Search ADS Search Now Undo All four accused were arrested. The recent wave of crimes against women in Odisha has raised questions over law and order under the BJP-led government, which completed one year in office. The BJP, however, has claimed that swift action has been taken whenever such incidents have come to light. (The victim's identity has not been revealed to protect her privacy as per Supreme court directives on cases related to sexual assault)


Hans India
2 hours ago
- Hans India
Hyd police blow lid off illegal surrogacy racket
Hyderabad: Hyderabad City Police with the support of the Medical and Health department busted an illegal surrogacy and baby selling racket. Police arrested eight persons, including the doctor and owner of Universal Srushti Fertility Centre in Hyderabad and Andhra Pradesh. The arrested persons were Dr Athaluri Namratha Pachipala (64), owner of Universal Srushti Fertility Centre, and associates Pachipala Jayanth Krishna (25), C Kalyani Atchayyamma (40), working as Manager at the centre, Gollamandala Chenna Rao (37), Lab Technician & Embryologist, Nargula Sadanandam (41), Anesthesia Specialist and working doctor in Gandhi Hospital, Dhanasri Santoshi (38), Mohammed Ali Adik (38), and Nasreen Begum (25), all three native of Assam. According to police, the complainant couple approached Universal Srushti Fertility Centre located in Gopalapuram in August 2024 for fertility and IVF consultation. There they met Dr Namrata who after conducting fertility related tests advised them to go for surrogacy. The couple was directed to another branch of the clinic at Visakhapatnam for collection of specimens and were told that the surrogate will be arranged by the clinic and the embryo would be transplanted to the surrogate. 'Over the course of 9 months, the couple made several payments to the clinic and updates as to the baby's health were given by the clinic. In June 2025, the complainant was informed that the surrogate had delivered a baby boy via C-section in Visakhapatnam and that they should pay extra amount for the delivery charges and collect the baby from Visakhapatnam,' said S Rashmi Perumal, DCP North Zone. The DCP said the complainant reached Vizag and the baby boy was handed over to her along with documentation which showed registration of the child as having been born to the couple themselves, creating a false birth certificate document. 'Overall, the clinic took over Rs 35 lakhs from the couple as consultation charges for the procedures. Later, the couple went in for a DNA test which revealed that the child's DNA did not match theirs at all. They tried to get in touch with the clinic, but they were refused any documentation and were threatened, which prompted them to approach the police,' said the DCP. Rashmi said that in an inquiry it was revealed that the main accused, Dr Namratha was conducting a large-scale illegal surrogacy and fertility scam. She began medical practice in 1995 and transitioned into fertility and IVF services from 1998. Over the years, she expanded into unethical and illegal practices, collecting Rs 20 – Rs 30 lakh from each client under false promises. 'She, along with associates, targeted vulnerable women, particularly those seeking abortions and lured them into continuing pregnancies in exchange for money. These newborns were then passed off as children conceived through surrogacy, misleading clients into believing the babies were biologically theirs.' The original parents of the baby were identified (native of Assam and living in Hyderabad) and the delivery was planned at Vizag. After taking the baby, a paltry sum was handed over to them and the couple was sent back to Hyderabad. On charges of baby selling, the original parents were also tracked and arrested. A simultaneous raid was planned at Hyderabad and Vizag clinics, which led to several arrests. With the help of the medical department, the clinic at Gopalapuram was seized and large-scale equipment was found at the area which substantiated the facts that the accused was conducting IVF treatments, creating live embryos, doing real medical procedures without any proper license. Gopalapuram police seized medical equipment and medicines being used at the clinic, mobile phones and digital devices, case records and surrogacy documents seized with help from Medical and Health Department officials. More than 10 cases have been registered previously so far. Police said the investigation is ongoing, and further legal action is being pursued. The Medical and Health Department had cancelled the registration of the fertility clinic previously, but the accused continued to operate the place from the building and put the name of another certified doctor Dr. Suri Shrimati on the official letter pads of the clinic.