A 41-year-old man from Erode has been arrested by the Central Crime Branch for his alleged involvement in an online stock market investment fraud totaling ₹1.23 crore. The victim, a Chennai resident, was lured by promises of high returns, invested heavily through a trading app, and was then asked for more funds to withdraw profits. Police seized two mobile phones from the accused and cautioned the public against similar online investment scams and fake job offers.