Overview
- Police in Telangana's Khammam district report that about Rs 547 crore was routed through agent-controlled bank accounts, with 18 of 24 accused arrested and the remainder on the run.
- The main accused are identified as Udathaneni Vikas Chowdary, Potru Manoj Kalyan, Potru Praveen, Meda Bhanuprakash, Meda Sathish and Morampudi Chennakesava.
- Forensic reviews flagged major flows including Rs 114.18 crore in Potru Manoj Kalyan’s account, Rs 135.48 crore in Meda Sathish’s, Rs 80.41 crore in Udathaneni Vikas Chowdary’s, Rs 92.54 crore in an account tied to Tatikonda Raju and Rs 81.72 crore in Bommidala Nagalakshmi’s.
- Police say the network recruited unemployed youth to open accounts, seized their credentials, added targets to Telegram groups and used fraudulent links while working with overseas call centres running investment, matrimony, gaming, betting, stock and crypto schemes.
- Authorities say funds were layered through multiple current and personal accounts before conversion into US dollars and cryptocurrency, with more assisting accounts being identified after a complaint filed on December 24, 2025.