The Cyber police have arrested the West Bengal-based owner of two websites for allegedly procuring live data from the National Stock Exchange (NSE) and selling it illegally through the websites.

Interestingly, when a manager from NSE, who is also the complainant in the case, learnt about the fraudulent practice, he posed as a customer and purchased the stolen data from the two websites, to confirm his suspicion. He then lodged a complaint with the police, who arrested the accused on Saturday.