The Mumbai police on Thursday (August 6, 2026) arrested 12 men in connection with a cybercrime operation that allegedly processed transactions of ₹500 crore in the past 6-8 months from Goa, with links to an international syndicate operating from Dubai.
The Mumbai police crime branch said that it has found that the bank accounts were allegedly being opened in Mumbai, and the related banking material was physically being sent to Goa by bus, allegedly using these accounts to process deposits, withdrawals and various account-to-account transfers. The accused were operating out of a rented two-storey villa in Goa, ‘Case De Nikole Villa’, near Calangute beach, the police said.
According to Raj Tilak Roshan, DCP Detection, the men, between the ages of 20 and 25, were mostly recruited from Ahmedabad or Rajkot in Gujarat. They were given 10 to 15 days of training before being placed in the villa.
Police said they allegedly used websites like ‘100 Panel’ and ‘Rudra’ to process funds linked to online gaming and cyber fraud (example: Digital Arrest Scams, etc.). “The transactions were made through user accounts on their laptops and mobile phones for cash withdrawals and deposits, routing the money into bank accounts under their control,” Mr. Roshan said.
Police also found that they allegedly maintained a ledger of all their transactions. They were also receiving a monthly salary of ₹30,000 and an additional 3% commission, the police said.
15 laptops, 128 ATM cards, 89 mobile phones, 76 SIM cards, 22 chequebooks, 77 passbooks, 6 routers, 3 keyboards, and 2 mice were recovered.
Between ₹15 crore and ₹100 crore has allegedly either been frozen or is continuing to be frozen, the police added. Some of the bank accounts that were seized had 83 complaints of cyber fraud from various parts of the country on the Cyber Control Room helpline no. 1930.
Earlier, the case was registered and was being investigated by Pydhonie Police Station. They were investigating the accused arrested in the crime regarding upper-level links.
The police will continue to investigate the sources of the accounts, where the laptops are from, etc.
The accused have been produced before a local Court and have been remanded to police custody till August 11, 2026.
Published – August 08, 2026 04:22 am IST
