Delhi Police have busted a cyber-fraud syndicate, arresting two individuals, Sushil Chawla and Rajesh Kumar, involved in siphoning approximately 180 crore. The operation, named 'Cy-Hawk,' uncovered a network of at least 20 shell companies used to launder money from 176 cyber fraud complaints. The arrested men allegedly worked for West Bengal industrialist Pawan Ruia, who is reportedly linked to similar cases and is considered the alleged kingpin of a larger network. Investigations are ongoing to trace all illicit financial channels.