Kanpur: A court in Kanpur on Thursday rejected the bail plea of a cyber fraud accused whose bank account was allegedly used for transactions linked to cyber fraud worth Rs 18 crore.
Cyber Fraud Case Involves Rs 18 Crore and Multiple Arrests
Nishad has been implicated in a significant cyber fraud case involving transactions amounting to Rs 18 crore, which were allegedly processed through a trust’s bank account from June 24, 2024, to July 2026. According to the police report, this account is connected to nearly 178 cyber fraud incidents across various districts.
The defense has pointed out that the cheque book and ATM card associated with the account were in the possession of Vikram, another individual already arrested in connection with the case. This raises questions about Nishad’s direct involvement in the fraudulent activities.
Court Denies Bail for Suraj Nishad Amid Ongoing Investigation
In a recent ruling, Additional District and Sessions Judge Mukesh Kumar Singh denied bail to Suraj Nishad, citing insufficient grounds based on the evidence gathered thus far.
Judge Singh emphasized that the investigation remains ongoing, reinforcing the decision to withhold bail. After considering arguments from both the prosecution and defense, the court ultimately dismissed the bail application, underscoring the seriousness of the case at hand.