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Bengaluru police have arrested four individuals including a bank deputy manager at Induslnd Bank, for allegedly cheating a 76-year-old woman of Rs 50 Lakh. The suspects include Meghana PV aged about 31 who is a deputy manager at the bank’s Girinagar branch, her boyfriend Shivaprasad, and two other men, Anwar Ghouse and Varadaraj, all in their 30s.
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The victim who held a joint account with her husband had trusted Meghana who had been assisting them with their finances. In January 2025, after selling a house, Rs 1 crore was credited to their account. Meghana reportedly took advantage of this trust obtaining the women’s personal details. She allegedly tricked the elderly woman into signing an RTGS form, which was disguised as a document for renewing a fixed deposit.
Meghana then transferred Rs 50 lakh to Ghouse’s account. The fraud was uncovered when the woman’s son reviewed the bank’s transactions and noticed the unauthorized transfer. The family reported the matter to the cybercrime helpline (1930), leading to a case being filed at the Girinagar police station on March 3 under charges of criminal breach of trust and cheating.
A police team arrested Meghana in Kerala and Shivaprasad in Bengaluru while the other two suspects were apprehended in Ankola claiming to be unaware of the fraud. All four have been remanded in judicial custody, and investigations are ongoing. Meghana has denied intent to cheat, claiming she planned to return the money to the woman later.
