In a major breakthrough, sleuths of the Cyber Cell of Bhopal Police have unearthed a parallel future commodity exchange racket and arrested seven persons in this connection here on Thursday.
The arrest was made following raids being carried out at several places in the city by the sleuths of the Cyber Cell on Thursday morning. The accused had reportedly incurred losses to the commodity markets to the tunes of crores of rupees by causing an artificial rise and fall in future commodity market.
On the directives of Cyber Crime IG RS Jha, the sleuths from Bhopal in an early morning swoop raided Kalani Nagar, Pandhrinath, Chota Sarafa, Bada Sarafa, Reshamwala Compound and arrested seven persons. Those who were arrested include lokesh, son of Bhim Singh (a resident of Vidur Nagar), Shashank Jain, Anurag Soni, Ankit Verma (residents of Gorakund Chouraha), Ankit Neema, Mahesh Joshi and Toofan Solanki respectively.
The Cyber Cell officials also recovered seven mobile phones, laptop, loan book, and agreement letters showing transactions to the tunes of crores of rupees and cheque books from the possession of the accused. The raids were carried out in the city following arrest of three future commodity exchange businessmen from Jodhur including a noted commodity future market businessman Amit Sanwer.
It was on the basis of interrogations of the future commodity businessmen in Jodhpur which in fact gave clue about a parallel future commodity exchange racket in Indore. Sources informed that the State Cyber Cell IG RS Jha following a report about a future commodity exchange racket in Indore, whose turnover ran into crores, had entrusted Indore cyber cell inspector Sunita Katara to probe into the matter. Katara informed that raids were carried out following directives of the cyber cell IG and hoped that some more accused would likely to be arrested in this connection.
Sources close to the cyber cell informed that the accused by creating artificial rise and fall in the future commodity market had incurred losses to the genuine commodity traders, some of them were even compelled to commit suicide after incurring huge losses in the future commodity market.
Sources further informed that the racket had its link all-over the country, the details of which are being scrutinised by searching the documents recovered from the possession of the accused as well as call details from the mobile phones of the accused.