India, Aug. 4 -- Faridabad police arrested two suspects from Madhya Pradesh on Friday for their alleged involvement in a cyber fraud case of Rs.49.48 lakh that took place with a resident of IP Colony in Faridabad in December last year, said police on Sunday.

The victim had received a WhatsApp call regarding investment in the stock market to earn hefty profits. Following this, the victim kept transferring money to the bank accounts provided by the suspects assuming that he was investing money in the stock market but in reality, they were being remitted to various other mule accounts. After failing to withdraw the profits, he realised that he was duped and submitted a written complaint at Cyber (central) police station in Faridabad on Dece...