Hyderabad, Oct. 30: The Commissioner’s Task Force, Charminar Zone Team, along with Attapur Police, has busted an alleged gang involved in procuring mule bank accounts and selling them to cyber fraudsters for money. Police apprehended three accused and identified four other alleged associates, two of whom are yet to be arrested.
According to police, the gang allegedly arranged bank accounts through local individuals and supplied the account kits to associates in Jaipur, Rajasthan, for payments ranging from Rs. 20,000 to Rs. 25,000 per account.
The operation led to the detection of two cases: Crime No. 1163/2026 registered at Attapur Police Station under Sections 318(4) and 319(2) of the Bharatiya Nyaya Sanhita (BNS), along with Sections 66(C) and 66(D) of the Information Technology Act; and Crime No. 321/2026 registered at Kalwakurthy Police Station under Section 318(4) of the BNS and Section 66(D) of the IT Act.
Hyderabad Mule Bank Account Gang: 83 Accounts Identified
Police identified the arrested accused as:
Syed Abbas Ullah Hussaini, 24, a waiter and resident of Shahgunj, Hussaini Alam.
Mohammed Talha Khan, 23, a resident of Shahgunj, Hussaini Alam.
Nawab Mohammed Rahemuddin Khan, 20, also a resident of Shahgunj, Hussaini Alam.
The police also named Vijay and Babu Lal, both from Jaipur, Rajasthan, as alleged associates who are yet to be apprehended. Salman, from near Khaja Hotel in Hussaini Alam, and Anna, from Mallepally, Hyderabad, were also identified as alleged associates.
During interrogation, police said Syed Abbas Ullah Hussaini and Mohammed Talha Khan allegedly procured bank accounts with the help of local individuals, while Nawab Mohammed Rahemuddin Khan assisted them. The accounts were allegedly handed over to Vijay and Babu Lal in exchange for money.
The account kits reportedly contained account numbers, passbooks, ATM cards, ATM PINs, linked SIM cards and customer IDs. The kits were allegedly sent through courier.
83 Accounts Opened Across 22 Bank Branches
Examination of the seized mobile phones reportedly revealed details of 83 bank accounts opened through 22 branches of different banks across Hyderabad.
The accounts included 10 at Telangana State Co-operative Apex Bank’s Charminar branch, nine at its Attapur branch, six at Champapet, four at Saidabad and one each at Jubilee Hills, Tarnaka and Bagh Lingampally.
Police also identified accounts opened through branches of Darussalam Co-operative Urban Bank, Agrasen Co-operative Urban Bank, TMB Bank, Hyderabad District Co-operative Central Bank, Bombay Merchant Bank, CSB Bank, Mahesh Co-operative Urban Bank, SVC Co-operative Bank, DCB Bank, Eenadu Co-operative Urban Bank and J&K Bank.
Hyderabad Mule Bank Account Gang Busted | 11 Accounts Linked to 14 Cyber Fraud Transactions
According to the police statement, a search of the 83 accounts on the National Cyber Crime Reporting Portal (NCRP) revealed that 11 accounts had been used in 14 fraudulent transactions reported across India.
The transactions were reported from Hyderabad, other parts of Telangana, Maharashtra, Uttar Pradesh, Gujarat, Karnataka, Kerala, Chhattisgarh and Delhi.
The identified accounts included six from Telangana State Co-operative Apex Bank, four from Agrasen Co-operative Bank and one from SVC Co-operative Bank.
Police said approximately Rs. 10,04,84,094 was credited into the 83 mule accounts through cybercrime-related transactions. The money was allegedly withdrawn on the same day.
Passbooks and Mobile Phones Seized
During the operation, police seized eight Telangana State Co-operative Apex Bank passbooks and three mobile phones from the apprehended accused.
The operation was carried out by Inspector C. Yadender, Sub-Inspectors K. Rama Rao, M. Mahesh and K. Shiva Kumar, Police Constable Shaik Mahmood Ahmed, and the Charminar Zone Task Force team, in coordination with Attapur Police.
Hyderabad Mule Bank Account Gang Busted | Police Warn Public Against Renting or Selling Bank Accounts
Hyderabad Police cautioned people against renting, selling, lending or sharing their bank accounts, ATM cards, cheque books, SIM cards, UPI IDs or internet banking credentials with unknown persons in exchange for money.
Police warned that cybercriminals use mule accounts to receive, transfer and withdraw money obtained through online fraud and other illegal activities.
The public has been advised to:
Never allow others to use personal bank accounts to receive or transfer money.
Avoid accepting commissions for permitting transactions through their accounts.
Never respond to offers promising easy money in exchange for bank details.
Keep ATM cards, SIM cards, UPI IDs and banking credentials secure.
Police warned that allowing an account to be used for illegal transactions could result in account freezing, police investigation and criminal prosecution, depending on the person’s involvement and the facts of the case.
Anyone who suspects that their bank account has been misused should immediately inform their bank and report the matter through the Cyber Crime Helpline 1930 or the official portal www.cybercrime.gov.in.
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