Thiruvananthapuram, Oct. 4 -- The Cyber Crime Police here have arrested a key member of a racket that allegedly duped a city-based doctor of over Rs 3.43 crore through an online investment scam promising high returns.

The arrested accused, identified as Dhanush Narayanaswamy, a native of Bengaluru, was taken into custody following a coordinated investigation.

Police said about Rs 1.2 crore was recovered from his bank account, believed to be part of the defrauded money.

According to investigators, the victim, a resident of Ulloor, was lured into transferring funds in multiple installments to different bank accounts after being promised lucrative profits. The gang subsequently converted the money into cryptocurrency and routed it abroad. ...