Three people were arrested by the Matunga Police on Saturday for allegedly duping a man and buying an expensive mobile phone with the money. The accused were taken into custody from Delhi and Jharkhand. The police suspects the three might have cheated more people.

On December 25, Vasant Chheda, 64, received a text from a person posing as a bank official asking him to update his Know Your Customer (KYC) information. A link was sent to Chheda, which when clicked, generated an OTP. He later received a message that Rs 1.09 lakh had debited from his account. Chheda rushed to Matunga police station and registered an FIR against unknown persons under IPC Section 419 (cheating by impersonation), 420 (cheating), 34 (common intention).