Bank Account Allegedly Used in Transaction of ₹5.41 Lakh Fraud Proceeds; Accused Sent to Judicial Custody
Published on: September 22, 2026
By: BTNI
Location: Rajnandgaon, India
Rajnandgaon Police have arrested a man in connection with the alleged use of a mule bank account in a cyber fraud case. A joint team of City Kotwali Police and the Cyber Cell arrested Deepak Sharma, 58, whose bank account was allegedly used in transactions involving ₹5,41,099 obtained through cyber fraud.
The accused was produced before the court and subsequently sent to judicial custody.
According to police, the arrested accused, Deepak Sharma, son of late Murlidhar Sharma, is a resident of Murum Khadan Lakholi Atal Awas under Kotwali Police Station limits in Rajnandgaon.
Information Received Through Cyber Crime Coordination Centre
Police said the bank accounts allegedly being used for receiving and transferring proceeds of cyber fraud were identified on the basis of information received through the coordination portal of the Indian Cyber Crime Coordination Centre, operated by the Ministry of Home Affairs, Government of India.
During the investigation, police found information indicating that ₹5,41,099, allegedly earned through cyber fraud, had been received and subsequently transferred through the concerned bank account.
According to police, after facts relating to the use of the account and the alleged role of the accused emerged during the investigation, a case was registered at City Kotwali Police Station under Crime No. 562/2026 under Sections 317(4), 317(5) and 3(5) of the Bharatiya Nyaya Sanhita.
Arrest Following Interrogation
During the investigation, police summoned Deepak Sharma on September 20, 2026, for questioning.
According to police, the accused admitted to the offence during interrogation. He was subsequently arrested in accordance with procedure and produced before the court on the same day, following which he was sent to judicial custody.
Police are continuing their investigation to identify other possible accused persons and establish their roles in the case.
Police Team Involved in the Action
The action was carried out under the direction of Superintendent of Police Ankita Sharma (IPS) and under the guidance of Additional Superintendent of Police Keerti Rathore (RPS) and City Superintendent of Police Satyaprakash Tiwari (RPS).
The team acted under the leadership of City Kotwali Police Station in-charge Inspector Upendra Kumar Shah and Cyber Cell in-charge Inspector Vinay Pammar.
Sub-Inspector Sumendra Khare, Head Constable G. Cyril Kumar, along with the Rajnandgaon Cyber Cell team, played an important role in the action.
What Is a Mule Account?
A mule account is a bank account used by cybercriminals to receive money obtained through fraud or other illegal activities and subsequently transfer or withdraw the funds.
In several cases, criminals allegedly use a person’s bank account by offering a commission, financial inducement or other incentives.
The fraud proceeds may first be transferred into such an account and then moved to different accounts, making it difficult for investigating agencies to trace the actual source of the money.
How to Prevent Misuse of Bank Accounts
Rajnandgaon Police have appealed to citizens not to allow unknown persons to use their bank accounts, ATM cards, cheque books or mobile SIM cards.
Police have also advised citizens not to provide their bank accounts to others in exchange for commissions or under the lure of large sums of money.
Citizens have been urged to regularly monitor transactions in their bank accounts and immediately inform the police or Cyber Cell about any suspicious activity.
According to police, cybercriminals may use mule accounts in various forms of cyber fraud, including gaming applications, gambling applications, fake trading applications, sextortion and digital arrest scams.
Police said that renting out, providing or selling a bank account in exchange for a commission may lead to legal action.
