He said the alleged fraud took place between April 11 and May 19.
The complainant, a consultant, has alleged that the accused convinced him to invest in a gold mining and trading scheme, promising a fixed monthly income from mining and 15 per cent returns from gold trade, the official said.
He said the complainant transferred more than Rs 1.4 crore into various bank accounts as directed by the duo but did not receive any returns.
When the complainant contacted the duo for updates on his investment, the accused avoided his calls and provided no clear response, the official said.
“We are probing the financial trail and attempting to trace the accused through digital and bank transaction records,” the official added. PTI COR ARU