Hyderabad, Nov. 23 -- A couple involved in an Rs 23 crore investment fraud in Hyderabad was arrested by the Karnataka police on November 20 and brought to Hyderabad on Saturday, November 22.

The accused, identified as Vuppalapati Satish Kumar and Shilpa Banda were arrested by the Dharwad police on the Hubballi-Dharwad bypass and were handed over to the Central Crime Station police in Hyderabad.

In September, the CCS police received a complaint from 67-year-old Dr P Vinay Kumar, a resident of Mamidipalli village, Ranga Reddy district, stating that the accused persons induced him and his family members and others to deposit money in their firm and assured good returns.

Initially, they paid meager amounts as their investment returns but l...