Hackers breached Aditya Birla Capital’s mobile application, ABCD, and stole nearly ₹1.95 crore worth of digital gold from the accounts of 435 customers, reported The Times of India.

The fraud came to light on June 9, when several users contacted the company’s call centre, reporting that their digital gold holdings had been sold without their consent. This triggered alarm within the firm and led to an internal probe by its technical team.

Following the investigation, the company registered a first information report (FIR). According to ToI sources, the affected customer accounts have since been restored and balances replenished.

With inputs from ToI