Archive · 24 Jul 2026
Hyderabad Arrests Five QNET Representatives in Fraud Case
The Hyderabad police arrested five people who work for a company called QNET.
They were arrested because they were accused of tricking people into investing money in a fake business opportunity.
The police say these people promised big profits but were actually running a scam.
One person, Sardar Sharanpal Singh, said he was contacted on Instagram and told to invest a lot of money.
He later found out it might be a scam and told the police.
The police found out more people were involved and arrested them in Goa.
They are still looking for more people who might be involved.
Hyderabad EOW police arrested five QNET representatives in Goa for alleged pyramid and money-circulation fraud.
The arrests were made based on a complaint by Sardar Sharanpal Singh, who was lured into investing ₹7.50 lakh.
The accused used fabricated success stories and recruitment tactics to induce investments.
The police seized three vehicles and five mobile phones containing evidence of fraudulent activities.
The investigation is ongoing, with efforts to trace remaining absconding accused.
- Who
- Five QNET representatives: Mohammed Fawaz, Aswin Suresh, Vinu Johnson D'Cruz, Manoj Ravindran Nair Subbalakshmi, and Varikottuchalil Sivarajan Balraj
- What
- Arrest of QNET representatives for alleged pyramid and money-circulation fraud
- When
- Arrested on July 18, complaint filed on July 9
- Where
- Arrested in Goa, case registered in Hyderabad
- Why
- Allegations of fraudulent recruitment and investment schemes
QNET Representatives
Hyderabad EOW Police
Legitimacy of Business Model
QNET Representatives
QNET representatives claim their business model is legitimate and compliant with laws.
Hyderabad EOW Police
Hyderabad EOW Police allege the business model is a pyramid and money-circulation fraud.
- Date of Arrest
- July 18
- Complainant
- Sardar Sharanpal Singh
- Amount Invested
- ₹7.50 lakh
- Booking Amount
- ₹30,000
- Location of Arrest
- Goa
- Acts Violated
- BNS, TSPDFE Act, Prize Chits and Money Circulation Schemes (Banning) Act, 1978, Information Technology Act
- Investigating Officers
- Inspectors Raghavender and Sudhakar Rao
- Supervising Officers
- ACPs (SIT) Y. Harish Kumar and V. Narasimha Reddy, DCP S. Chaitanya Kumar