After six months of investigation into the Bitcoin scam, finally, the Special Investigation Team (SIT) of the Criminal Investigation Department (CID) has arrested two persons, including a Police Inspector (PI). The SIT has also booked three other inspectors who served in the City Crime Branch (CCB).
The arrested have been identified as Prashanth Babu, PI, Technical Support Centre, Adugodi and Santosh Kumar K.S., Chief Executive Officer (CEO), GCID Technologies Private Limited, HSR Layout. Santosh is cybercrime expert.
The SIT on Wednesday, January 24, registered a First Information Report (FIR) charging five persons under Sections 343, 344, 409, 426, 34, 36, 37, 201 and 204 of the IPC 1860 and Sections 66 and 84 C of the Information Technology Act 2000. The three others who were booked are identified as Lakshmikanthaiah, the then inspector, CCB, Chandradhar, the then inspector, CCB and Shridhar K Pujar, the then inspector from CCB.
