(MENAFN- IANS) >
Hyderabad, Nov 29 (IANS) Police in Telangana's Warangal town on Monday busted an online cricket betting racket with the arrest of two organisers and seized over Rs 2 crore cash.
The organizers were running the racket mainly from Mumbai and were making customers through a website. They had received bets for the recent Twenty20 World Cup and India New Zealand Twenty20 series.
Police arrested Madishetty Prasad, a native of Hanamkonda district and Abhay Vilas Rao, native of Yavatmahal district in Maharashtra and booked three cases.
Warangal Police Commissioner Tarun Joshi told reporters that Rs 2,05,14,000 in currency notes of various denominations were seized from the accused.
Police also used 15 debit cards and 43 cheque books used for frequent withdrawal of money from different banks. Eight mobile phones, which were being used for betting, were also seized.
The Police Commissioner said the WhatsApp group in each mobile phone had 150-200 members.
Explaining the modus operandi, he said the organisers were making customers and sending them links with username and password to participate in the online betting.
'The betting was for every ball and every player and the organizers were offering big returns if the winning chances of a team were low,' he said.
The accused were also using their platform for other forms of betting and games like Teen Patti. The police official pointed out that all such games are prohibited in Telangana.
He said since indulging in betting is also an offence, the customers who lost the money had not lodged a complaint with police.
The commissioner said a team will be sent to Mumbai, from where the kingpin and other main organisers were functioning. They used to keep 80 per cent of the profit with themselves and transfer 20 per cent to regional organisers like Prasad.
Police investigations revealed that Prasad was arrested in two betting cases in Hyderabad during 2019. Since he was under the police watch in Hyderabad, he shifted to Warangal a few months ago and continued his illegal activities.
Joshi said the accused had also acquired property from the money earned through betting racket. Police were conducting further investigation with regard to the property and were also analyzing their bank accounts.
--IANS
ms/vd
MENAFN29112021000231011071ID1103271425
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.