Police in Telangana have taken a former bank employee into custody in connection with a significant cyber fraud investigation. According to law enforcement officials, the individual is accused of orchestrating a scheme that resulted in the theft of Rs 95 lakh. The investigation was triggered by a series of 150 formal complaints filed against the suspect.

During the initial interrogation, the suspect reportedly confessed to his involvement in the fraud. Furthermore, police stated that the individual admitted to intentionally destroying a mobile phone that was allegedly used to carry out the fraudulent transactions. The investigation is ongoing as authorities work to process the evidence and address the grievances of the affected parties. No further details regarding the specific methods used to bypass bank security or the timeline of the alleged crimes have been released by the department at this stage.