India, April 23 -- The cyber cell of the Pimpri-Chinchwad police has arrested two individuals for providing mule bank accounts to two fraudsters; one from Pakistan and the other from Dubai, officials said on Tuesday.

According to the police, the incident was reported on March 24 when a senior citizen who retired from the state irrigation department lost Rs.2.52 crore in a share market fraud. The accused, who later became a police witness, contacted the complainant on social media and promised him high returns on investments. The senior citizen approached the police upon the realisation that he had been duped.

The cyber police have already arrested one Balasaheb Sakharam Chaure from Kaij in Beed district in connection with this case.

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