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Bhopal Engineer Arrested for Alleged Rs 200 Crore 'Mast Money' Loan App Scam

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Bhopal Engineer Arrested for Alleged Rs 200 Crore 'Mast Money' Loan App Scam

Analysed 9 Jul 2026·2 sources analysed·Bhopal, India·Crime
Bhopal Engineer Arrested for Alleged Rs 200 Crore 'Mast Money' Loan App ScamPreviousNext

A software engineer from Bhopal, Kamil Siddiqui, was arrested by Nagpur Police Cyber Cell for allegedly developing the 'Mast Money' mobile loan app used in a scam that duped nearly five lakh users across India of around Rs 200 crore. The app promised instant loans up to Rs 15,000 but reportedly coerced borrowers into repaying much higher amounts. Police investigations continue to uncover a wider network and the money trail linked to the fraud after complaints from Nagpur residents.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 100%, Right 0%). Overall sentiment is negative (28/100). Lens Score 43/100 — moderate-to-low public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • news18— balanced framing, negative sentiment
  • indiatoday— balanced framing, negative sentiment
Political Bias
0%100%0%
Sentiment
28%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 9 Jul 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 0%● Center 100%● Right 0%

The articles present a straightforward law enforcement perspective focusing on the arrest and investigation without political framing. Both sources emphasize the police's role and ongoing probe, reflecting a neutral stance centered on criminal investigation rather than political implications or commentary.

Sentiment — Negative (28/100)

The tone across the articles is factual and serious, highlighting the scale of the alleged fraud and its impact on victims. There is no sensationalism or emotional language, maintaining a neutral and informative sentiment appropriate for reporting a financial crime and ongoing investigation.

How 2 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

Reviewed byDushyant Deshmukh· Investigative Writer· Edited byOjas Kale
← Previous
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SourceTheir headlineBiasSentiment
news18'Mast Money' App, And A Scam Worth Rs 200 Crore: Bhopal Engineer Held For Duping Users, Probe OnCenterNegative
indiatodayRs 200 crore, 5 lakh customers: Massive loan app fraud busted, engineer arrestedCenterNegative

Coverage timeline

indiatoday broke this story on 9 Jul, 07:52 am. Other outlets followed.

  1. 1
    indiatoday9 Jul, 07:52 am
    Rs 200 crore, 5 lakh customers: Massive loan app fraud busted, engineer arrested
  2. 2
    news189 Jul, 08:46 am
    'Mast Money' App, And A Scam Worth Rs 200 Crore: Bhopal Engineer Held For Duping Users, Probe On

Lens Score breakdown

43/100
Public interest32/100
Coverage gap100%

Story is receiving appropriate media attention relative to public interest.

Accountability flags

TBN's analysis identified the following accountability dimensions in this story.

  • financial irregularity

    This story involves alleged financial misconduct — unexplained transactions, procurement irregularities, or misuse of public/shareholder funds.

Who's involved

Institutions and figures named across source coverage.

Enforcement
Nagpur Police Cyber Cell

Story context

Category
Crime
Location
Bhopal, India
Sources analysed
2
Last analysed
9 Jul 2026
Key entities
LakhMobile appIndian rupeeBhopalCroreSoftwareIndiaNagpur PoliceSocial mediaNagpurMobile phoneMadhya Pradesh