The Central Bureau of Investigation (CBI) has arrested five individuals involved in the HPZ token fraud case as part of Operation 'Chakra-V'. The scam, active from 2021 to 2023, deceived investors with fake loans, job offers, and digital asset schemes. Fraudsters utilized shell companies to launder illicit funds into cryptocurrencies, with some funds transferred overseas. Raids in Delhi, Hyderabad, and Bangalore uncovered digital evidence. Ongoing investigations aim to trace overseas transactions and recover stolen assets.