A 30-year-old BTech graduate was arrested by the Hyderabad city police for stealing money by deceiving cash deposit machine (CDM) users.
The accused has been identified as Intipally Rama Rao alias Ramu, a native of East Godavari of Andhra Pradesh. The police seized Rs 5,16,000 from
him.
According to the police, the accused, Ramu, a graphic designer by profession, scammed CDM users by claiming that his ATM card had been declined and that he urgently needed cash. He would approach individuals depositing money at the machines offering to transfer funds via NEFT in exchange for hard cash.