Panchkula, Nov. 6 -- Police have arrested the eighth accused, late on Monday, in the Rs.1.75-crore Panchkula cyber fraud case registered in July 2024. The accused, identified as Chetan, a resident of Kutch, Gujarat, was presented before the Panchkula court on Tuesday and is currently undergoing interrogation during a six-day police remand.

The complaint was lodged at the cyber police station on July 31, 2024, by a Panchkula resident. According to the complaint, on July 5, 2024, the victim saw and liked a stock market-related advertisement on Facebook. Subsequently, they received a WhatsApp link that lured them with the promise of doubling their profits through investment.

Falling prey to this deceit, the complainant invested a large sum...