A senior official of Axis Bank had complained that there was huge withdrawal of cash at ATMs and at merchant shops through fake international credit and debit cards of bank customers, a police release said.
Investigation revealed that with the help of their friends living abroad, the suspects managed to develop fake international credit and debit cards of several customers of the bank.
A Central Crime Branch team arrested R Anandhan alias Ruban, Sri Dishok Kumar, Dinesh Kumar and 62-year-old M Krishnadass.
Investigations also revealed that the four were involved in similar crimes in other states, the release said, adding, Anandhan was involved in similar offences in the past.
The car and the machines used to make the fake credit and debit cards were seized, the release added.