The accused orchestrated a scam by enticing the complainant with the promise of compensation for handling bitcoin transactions on Telegram. The victim, falling prey to the scheme, transferred 14,34,500 lakh rupees in installments. Subsequently, a complaint was filed with the cybercrime police station, leading to the arrest of Moiuddin Bhikhabhai Bolatar, the mastermind behind the crime. Authorities have also frozen a total of 7.72 lakh rupees in the accused's bank accounts.