Ketan Verma (25), Nizam Khan (27) and Shahid Ansari (51) were arrested from Allahabad in Uttar Pradesh. It took police two-three days to arrest them, a police official said.
Fifteen ATM cards, a cheque book and four mobile phones, by which they used to contact their associates in foreign countries, have been recovered from their possession.
In August, a complaint was filed by a victim, who said that he received a call from an unknown person claiming that he was calling from a popular television quiz programme 'Kaun Banega Crorepati'.
"The caller told the complainant that his number had won an award of Rs.25,00,000. He was asked to deposit Rs. 15,000 in two accounts (State Bank of India and ICICI bank) to receive the award money," Deputy Commissioner of police Sanjay Kumar Jain said.
When the victim came to know that he was cheated, he approached police.
The account numbers provided by the fraudster helped in tracing them, according to police.
During interrogation, the accused revealed that they targeted people across the country.
"Their gang worked in two groups. One group operated from foreign countries and made calls to the victims by international mobile numbers. The other group operated in India to arrange bank accounts using fake identity. These account numbers were given to the victims for depositing money," Jain said.