India, Feb. 12 -- The Cyber Cell of Pune city police has arrested eight people in connection with an online share trading fraud in which an 85-year-old man was cheated of Rs.22 crore, officials said on Wednesday.

The fraud took place between October 25, 2025 and January 17, 2026 in Magarpatta, Hadapsar. A case was registered at the Cyber Police Station on January 19 under Sections 316(5), 319(2), 318(4), 3(5) of the Bharatiya Nyaya Sanhita, 2023, and Section 66(D) of the Information Technology Act.

Police said the accused contacted the victim between November 27, 2025 and January 9, 2026, promising high returns on share market investments. After gaining his confidence, they added him to a WhatsApp group and persuaded him to download a f...