A 32-year-old businessman from Malad West, who sought a Rs 10 lakh loan through the Khatabook app to expand his business, ended up losing around Rs 32 lakh to fraudsters. The accused kept demanding multiple fees under various pretexts, and after realising he was being defrauded, the victim lodged a complaint with the North Cyber police station.

Acting on the complaint, police traced and arrested an accused from Delhi. The individual, identified as Vikas Kumar, 20, a resident of the Shahbad Dairy area in North West Delhi, was apprehended on September 18, with the help of the local police. He was medically examined and produced before the local court, where police sought a two-day transit remand to bring him to Mumbai for further investigation.