Police arrested two men on Tuesday for allegedly supplying a mule account to a cybercrime gang that duped a Faridabad resident of ₹1.1 crore in a stock market scam, officials said on Wednesday.

The accused were identified as Saurabh Kumar (30) and Bhupendra Singh (34), residents of Semariya and Chormari villages in Madhya Pradesh, respectively.

According to police, Singh, a polytechnic diploma holder, shared access to his bank account with his unemployed friend Kumar, who then passed it on to cybercriminals for use as a mule account.

Investigators said the victim, a 35-year-old garment businessman from Sector 14, Faridabad, met a woman on a dating application and later began chatting with her on WhatsApp. The woman lured him into investing in the “stock market” through her, promising high returns.

The victim transferred over ₹1.1 crore to multiple bank accounts after downloading a phishing application that he was told would “track” his investments. He realised he had been defrauded when he was asked to pay an additional ₹24 lakh to withdraw his returns. He then filed a written complaint at the Cybercrime Police Station (Central) in Faridabad.

Yashpal Yadav, Public Relations Officer of Faridabad Police, said that out of the ₹1.1 crore, around ₹30 lakh was transferred to an account in Singh’s name. “He and Kumar received a good part of the amount while the rest was remitted to other accounts,” Yadav said.

The duo was produced before a Faridabad court and sent to four-day police remand for questioning. “We are also trying to track down the suspects to whom the mule account had been supplied,” Yadav added, noting that further investigation is underway.