3 Arrested in Rs 2 Crore Cyber Fraud Case
The accused were identified as Thommandru Surya Srinivasa Manikanta (28), Vallimalli Krishnareddy (48) and Vallimalli Soubhagya Lakshmi (44), all residents of Vijayawada.
Vijayawada:The NTR district police have arrested three persons in connection with a cyber fraud involving illicit transactions worth ₹2 crore carried out through fraudulently obtained bank accounts.
The accused were identified as Thommandru Surya Srinivasa Manikanta (28), Vallimalli Krishnareddy (48) and Vallimalli Soubhagya Lakshmi (44), all residents of Vijayawada.
The case came to light on December 30, 2025, when Perupogu Devadasu of Krishnalanka was allegedly lured by Krishnareddy with an offer of money to open a bank account. Devadasu later discovered that transactions amounting to ₹2 crore had been routed through his account.
Based on his complaint, the Vijayawada Cyber Crime Police Station registered a case (Cr. No. 106/2025) under Section 318(4) of the Bharatiya Nyaya Sanhita and Section 66D of the Information Technology Act, 2008.
During interrogation, police uncovered an organised fraud network. Krishnareddy and Soubhagya Lakshmi said Manikanta persuaded them to open current accounts in return for payment, after which they roped in acquaintances to open more accounts.
Manikanta admitted that he was part of Telegram groups where members were paid for sharing current account details. He said full banking credentials, including debit cards and net banking details, were handed over, and the accounts were used for fraudulent online transactions.
