The Cyber police team here arrested Basim Nujoom, 32, of Kayanna, on charge of swindling ₹76.35 lakh from a resident of Kozhikode after promising him profits in online investment plans.
According to police sources, the accused convinced the complainant that he would get profits after depositing money in initial public offerings and the share market. Later, he reportedly made the complainant transfer ₹76.35 lakh through 20 transactions to multiple bank accounts. The police had issued a look-out notice against Nujoom after the episode came to light. He was detained at the Mumbai airport subsequently. The police team went to Mumbai and took him into custody.
Published – December 16, 2025 09:28 pm IST
