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Operation Octopus: Trapping the tentacles of India's cyber fraud network
May 31, 2026
Economic Times

Operation Octopus: Trapping the tentacles of India's cyber fraud network

Hyderabad Police launched Operation Octopus to bust a big cyber fraud network. They found fake bank accounts and security issues. One man lost ₹36 lakh after seeing a Facebook ad. The money went through many hands, even to China, using crypto. Police Commissioner VC Sajjanar said, "We are targeting the infrastructure."