A man hailing from Rajasthan has been taken into custody by the Thadiyittaparambu police for his alleged involvement in a significant cyber fraud case. The incident saw an expatriate from Vazhakulam lose a substantial sum of ₹27 lakh to the fraudulent scheme.
The accused, identified as Lakshaman Lal Kumavath, 27, was apprehended from a village in Gujarat. Police investigations revealed that Kumavath was part of a gang that leveraged social media to befriend the victim. They then enticed the Vazhakulam native into what they pitched as a highly profitable online trading venture, ultimately leading to the substantial financial loss.