Hyderabad, March 27 -- The Hyderabad Police's Cyber Crime Unit successfully refunded Rs 9,50,531 to a businessman on Thursday, who fell victim to an online business fraud, according to a press statement by the Deputy Commissioner of Police, Cyber Crimes.

According to the police, a 32-year-old businessman from Hyderabad was duped by cyber fraudsters who convinced him to transfer Rs 9,50,531 to their bank accounts under the pretext of a business deal. Acting swiftly, the Cyber Crime Unit registered a case under Cr. No. 3083/2024, U/Sec 66(C), 66(D) of the IT Act, and U/Sec 111(2)(b), 318(4), 319(2) of the BNS, and launched an investigation.

Inspector K Prasada Rao, along with SI Abhishek, HC Satish, and PCs Srinivas Reddy and Kranthi Kuma...