The cybercrime branch police apprehended a 29-year-old man in relation to the Nainital Bank server hacking case. According to the police, the suspects illegally transferred ₹16.71 crore through 84 transactions between June 16 and June 20, 2024.
The arrested individual has been identified as Harsh Bansal, 29, a resident of Dadri, Greater Noida. Bansal serves as the city president of BJP Yuva Morcha.
The police had frozen Rs 2.8 crore of the stolen funds and sealed the CA office of Shubham Bansal in Ghaziabad. They also reported that Harsh was arrested from Lal Kuan Road in Ghaziabad on Thursday. Harsh admitted to using Rs 6 lakh, which he received as a commission from the fraudsters, to pay off his debts. Additionally, police officials indicated that Shubham Bansal is currently on the run in connection with the case.
The police have now included sections 468 (forgery for the purpose of cheating), 120 B (criminal conspiracy), and 201 (disappearance of evidence) of the Indian Penal Code in the case. Earlier, on July 10, a case was registered under sections 420 (cheating and dishonesty) of the IPC and 66C (fraudulently or dishonestly using an electronic signature) of the IT Act at the cybercrime branch police station.
During a routine account reconciliation on June 17, a discrepancy of Rs 3 crore was detected. Bank officials initially suspected a technical error and chose to wait for a day. However, when a similar issue arose on June 18, revealing a discrepancy of about Rs 2 crore, the matter was escalated on June 19 and reported to the police by the IT manager of the Nainital Bank branch located in Noida, Sector-62, according to officers.