32 arrested in QNet-linked money circulation fraud by Hyderabad Police
Crime & FIR News Crime & FIR NewsPosted by CityPolice-Admin on 2026-03-26 10:32:58 |
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Hyderabad City Police arrested 32 individuals for allegedly running an illegal money circulation and cheating racket linked to Vihaan Direct Selling Pvt. Ltd. The arrests were made by the Central Crime Station (CCS) team on March 23.
According to police officials, Vihaan Direct Selling Pvt. Ltd operates as a franchisee of the QI Group under the brand name QNet. The accused were reportedly involved in misleading people with false promises of high returns through a network-based investment scheme.
Investigators revealed that the group lured victims into joining the scheme by encouraging them to invest money and recruit others, creating a chain system. Such activities are considered illegal and fall under money circulation and cheating offences.
Hyderabad Police have warned the public to remain cautious about similar schemes that promise quick profits. Further investigation is ongoing to identify more individuals involved and to trace the financial transactions linked to the racket.
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