The Telangana State Cyber Security Bureau arrested Kesara Kesava Reddy, also known as Maha, in Bengaluru for operating money mule bank accounts. They found seven mobile phones, two laptops, seven SIM cards, 22 SIM card vouchers, 10 bank passbooks and chequebooks, and 19 debit cards in his possession.
Kesava Reddy was involved in online cricket betting and connected with people through social media for gaming and IPL betting. He worked with Pranay Shinde and others to open mule bank accounts, earning a 30 percent commission on transactions. Earlier arrests in the case included Shindhe Pranay, Vanikar Naveen, and Arugula Laxman, who opened 125 mule bank accounts for commission.
Residents of Bhainsa and nearby villages were paid Rs 5,000 per account to open bank accounts, giving their net banking credentials, ATM cards, and chequebooks to the accused. Kesava Reddy then deposited funds from online game players into these accounts for large-scale transactions. The Bureau is investigating further to uncover any other national or international connections in the case.
