Hyderabad: A loan facilitator from Erragadda was allegedly robbed of ₹21 lakh after two men sprayed pepper spray into his eyes during a cryptocurrency deal in Bazaarghat, Nampally, on Sunday night.
Around ₹4 lakh that fell during the scuffle was recovered. Police are verifying the reported loss and searching for the accused.
Police said NN Amarendra had gone to an office near Himalaya Hotel with his friends Vijay Kumar and Vijayesh to exchange Indian currency for US dollars to purchase USDT, a dollar-pegged cryptocurrency. Nampally circle inspector Ch Saidulu said the complainant and the accused knew each other through a mutual friend. There, they met Sameer and Syed to discuss the transaction. During the deal, one of the accused allegedly sprayed pepper spray into Amarendra’s eyes and attacked his companions before fleeing with the cash.
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