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    ITNewspapersThe New Indian Express

    12 held for robbing man of Rs 17 lakh in fake crypto deal in Bengaluru

    Binu Mathew
    By Binu MathewJune 26, 2026

    BENGALURU: Sanjaynagar police have arrested 12 people for allegedly robbing a man of Rs 17.64 lakh after luring him with the promise of converting the money into USDT cryptocurrency.

    According to police, the complainant, a resident of Devinagar in Kodigehalli, was planning to open a café on the Sira Highway and was searching online for kitchen tiles, cutlery and other equipment.

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