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A software engineer from Telangana lost ₹2.29 crore in a fraudulent trading scheme orchestrated by cybercriminals. Lured by a WhatsApp group and a fake app promising high returns, the engineer invested heavily. When unable to withdraw his funds, he discovered the scam. Cyberabad police arrested Naresh and Saurabh Shinde from Maharashtra, linking them to the fraudulent bank accounts network.
