A viral social-media post by Mumbai-based investor Aniruddha Malpani accused Zerodha of running a “scam” after allegedly being prevented from withdrawing his funds. Malpani claimed that although his account showed a withdrawable balance of over ₹18 crore, the broker cited a daily withdrawal cap of ₹5 crore, suggesting his money was being “used for free.” 
In response, co-founder Nithin Kamath clarified that Malpani’s payout request had in fact been processed. He explained that the ₹5 crore threshold is a security check employed to protect the system from large-scale errors or fraud, and that withdrawals above this amount simply require the creation of a support ticket. 
While the episode triggered widespread chatter among traders, many analysts pointed out that controls for high-value withdrawals are common in financial services. The exchange highlights the tension between streamlined access to funds and operational safeguards—especially for digital brokers handling large transactions.