The accused were identified as Nadeem (25) and Javed (28), they said.
On September 6, a complaint was filed by the victim that Rs 27,000 was fraudulently withdrawn from his SBI bank account as he went to withdraw cash from an ATM booth in west Nizamuddin, following which a case was registered, police said.
During investigation, CCTV footage of SBI ATM booth, west Nizamuddin was procured and analysed, they said.
On September 9, a raid was conducted at Sangam Vihar in Ghaziabad from where the accused Nadeem was arrested and on his instance, his associate Javed was also nabbed.
An amount of 17,000 was also recovered from his possession, said Chinmoy Biswal, Deputy Commissioner of Police (southeast)
During interrogation, the accused confessed that to earn quick money, they hatched the conspiracy to cheat people by swapping their ATM cards and later withdrawing money from their accounts.
For this purpose, they used to come from Ghaziabad and target specific ATM booths in regions of Delhi, said the senior police officer.
Further investigation is underway, he said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)