Nagpur, Feb 19 (PTI) Four people have been arrested from Pune for allegedly duping 2,000 investors to the tune of Rs 40 crore in a cryptocurrency fraud, Nagpur police said on Saturday.

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Nishid Wasnik, his wife Pragati, Gajanan Mungune and Sandesh Lanjewar were arrested after being on the run for over a year, an official said.

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"We have seized a pistol, seven live cartridges, four luxury cars worth Rs one crore, Rs 18,91,210 cash, eight cellphones and a laptop. They were held from Pangoli near Lonavala in Pune. Nishid, Sandesh and Gajanan are also accused of gunning down a person in Washim after abducting him from Nagpur last year," he said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)