Surat’s ₹1,550 Crore Cyber Fraud Exposed: Police File Massive 1.5 Lakh Page Chargesheet After 88-Day Investigation
Surat: What began as a routine vehicle inspection by Udhna police on May 22, 2025, has unraveled one of India’s largest cyber fraud networks worth ₹1,550 crores, prompting authorities to file an unprecedented 1.5 lakh page chargesheet in the diamond city of Surat.
The breakthrough came during a standard vehicle checking drive when police grew suspicious of a driver’s behavior and detained him for questioning. Upon searching the individual, officers discovered several bank account-related documents that raised immediate red flags and intensified their investigation.
From Traffic Stop to Mega Fraud Discovery
As Udhna police delved deeper into the documents and the driver’s background, they stumbled upon evidence of a massive cyber fraud operation that even shocked seasoned investigators. The scope of the criminal network expanded dramatically as the investigation progressed, revealing connections that spanned across the entire country.
The police probe led to the arrest of mastermind Kirat Jadhav along with four primary accused individuals. During interrogation, authorities uncovered a staggering 165 suspicious bank accounts linked to the fraud ring, with transaction patterns that left investigators astounded by the network’s sophistication and reach.
Nationwide Impact and Scale
Investigation findings revealed that these 165 bank accounts were connected to over 2,500 online cyber fraud complaints filed across India. Gujarat alone accounted for 265 cases, while Surat city recorded 37 individual complaints linked to this network.
The financial magnitude became clear when police analysis showed that approximately ₹1,550 crores worth of suspicious transactions had been processed through these accounts. The fraud operation’s tentacles extended far beyond the initial suspects, encompassing a web of accomplices and facilitators.
Banking Sector Complicity Uncovered
The investigation took a serious turn when authorities discovered that eight employees from RBL Bank were actively involved in the scheme. These banking personnel allegedly assisted the accused in opening fraudulent accounts using fake documentation, highlighting institutional vulnerabilities in the banking sector’s verification processes. All implicated bank employees were immediately arrested.
Comprehensive Investigation and Documentation
Over 88 days of intensive round-the-clock investigation, Udhna police conducted detailed interviews with approximately 200 individuals, including fraud victims, bank employees, and other connected persons. Their statements formed a crucial part of the evidence compilation.
The resulting chargesheet represents one of the most extensive legal documents in Indian cyber crime history. While the main chargesheet spans 18,000 pages, the remaining documentation comprises detailed bank statements and comprehensive transaction records from multiple financial institutions, including RBL Bank, Yes Bank, and Axis Bank, covering all 165 compromised accounts.
This case demonstrates both the evolving sophistication of cyber criminals and the determination of law enforcement agencies to pursue complex financial crimes through meticulous investigation and documentation.