Kochi: The special investigation team (SIT) formed to investigate a Rs 24.76-crore digital fraud is probing suspected Cyprus links of the scammers. Sources said the calls to the victim were likely controlled from Cyprus, prompting authorities to launch a detailed probe into the international angle. Police are also gathering information on other alleged cybercrimes carried out by the same racket across India. Investigators suspect that some Keralites may have been involved and efforts are underway to trace the account holders who received the victim’s money.The FIR was registered on Monday evening following a complaint by an Elamkulam native, reportedly a pharmaceutical company owner. This is considered one of the largest cyber fraud cases in Kerala in terms of the amount lost.According to police, the fraud spanned nearly two years, from March 15, 2023, to Aug 29, 2025. The accused reportedly contacted the victim via phone and Telegram, using the ID @capitalix_bot, and convinced him that he could earn high returns through stock trading on the website www.capitalix.comTrusting the scammers, the victim invested Rs 24.76 crore in multiple instalments, transferring money to various accounts as instructed. The victim invested more money, seeing the high returns reflected in his name on the website. However, he was unable to withdraw the ‘returns’ or his investments, leading to him realising that he was duped.