Hyderabad, May 1 -- The Hyderabad cybercrime police arrested two people hailing from Maharashtra's Pune district, in connection with an investment fraud.

The two accused - 26-year-old Reynold Vincent Cyril and 27-year-old Manish Dinesh Sonawane - are involved in 27 cases across India, including one in Telangana.

According to a police statement, the two accused contacted a 40-year-old resident of Hyderabad through Facebook Messenger. They introduced themselves as 'Keerthi Raghuram', a software engineer and an investor based in Dubai.

The victim was convinced to invest in stocks through a company called 'Innobyt IT Solutions'.

The victim was promised 70 percent profits in return. Believing 'Keerthi Raghuram', the victim invested a signi...