Archive · 30 Jan 2026
Two arrested in ₹9.91 lakh stock market cyber fraud
Two people were caught by the police in Bhopal for cheating others out of ₹9.91 lakh.
They tricked people into investing in the stock market through a fake app called M-Stock, promising high returns.
The police found out after someone complained that they lost money.
The police seized two phones and two SIM cards used in the crime.
One of the accused has a criminal record, and the other is a student.
The police are still looking for more people involved in this fraud.
Two individuals arrested in Mandsaur district for a ₹9.91 lakh stock market cyber fraud.
The fraud involved luring victims into investing through the M-Stock mobile app with promises of high returns.
The complaint was filed by a Misrod resident who alleged being duped of ₹9,91,900.
Police seized two mobile phones and two SIM cards used in the crime.
Efforts are underway to identify and arrest other associates linked to the cyber fraud network.
- Who
- Gulsher Khan (27) and Rajneesh Bareth (19)
- What
- Arrested for their role in a ₹9.91 lakh stock market cyber fraud
- When
- After a complaint filed on September 4, 2024
- Where
- Mandsaur district, Madhya Pradesh
- Why
- To siphon off victims’ money through a fraudulent stock market investment scheme
- Arrested Individuals
- Gulsher Khan (27) and Rajneesh Bareth (19)
- Location of Arrest
- Mandsaur district, Madhya Pradesh
- Crime Type
- Stock market investment fraud
- Amount Defrauded
- ₹9.91 lakh
- Date of Complaint
- September 4, 2024
- Investigation Agency
- Bhopal Crime Branch Cyber Cell
- Seized Items
- Two mobile phones and two SIM cards
- Complainant
- Misrod resident
