The four approached the senior citizen through e-mail and lured him into believing that he can earn big money by selling the "drug" which was "pieces of wood mixed with hair-dye". They collected Rs 11,95,000 from him, police said here.
The Central Crime Branch (Women and Narcotics) squad arrested Revathi (20), her husband Muralidharan (22), both residents of Bangalore, along with Arebamen Abibu Obadan (35) and Joseph Nnamdi Emeanuwa (32), they said.
The squad seized three laptops, as many mobile phones, a car and other valuables that the accused bought with the money.
A search is on for the fifth accused and foreign national Mark Hebert who is absconding, police said.
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