New Delhi, July 24 -- Lucknow Police on Wednesday seized Rs.1.07 crore cash, 103 mobile devices like smartphones and tablets, and 79 ATM cards among other things in what is being touted as the biggest cyber fraud in the city.

According to a report by The Hindustan Times citing officials, the breakthrough came during a joint raid by the Crime Team (DCP East) and Gudamba police in a residential flat in Lucknow's Jankipuram on Wednesday.

Cops arrested 16 people - 12 from Chhattisgarh and four from Gujarat - after the raid, allegedly linked to a massive cyber fraud.

According to commissioner of police, Lucknow, Amrendra K Sengar, the accused were running a pan-India online betting scam to defraud people of lakhs.

The arrested people were ...