.jpeg)
Hyderabad Police busts major cyber fraud network under Operation Octopus 2.0, 52 arrested including 32 bank employees across nine states
Operation Octopus 2.0: Hyderabad Police have busted a major cyber fraud network under 'Operation Octopus 2.0'. Fifty-two suspects, including 32 bank employees, have been arrested from nine states.
I
India
NEWS CARD
“Hyderabad Police busts major cyber fraud network under Operation Octopus 2.0, 52 arrested including 32 bank employees across nine states”
Read more onwww.sangritoday.com/s/f6a912
20 Apr 2026
Hyderabad Police conducted an elaborate crackdown on the massive cyber fraud network named “Operation Octopus 2.0.” They apprehended 52 individuals, out of which 32 were bank employees from nine different states.
According to the police, the plot specifically targeted bank employees that collaborated with cyber crooks to open and manage the fraudulent mule accounts for moving illicit money across banks.
The apprehended employees included bank managers, clerical staff, and KYC officers working with the Bank of Baroda, Bandhan Bank, and IndusInd Bank.
