IPL Betting Racket Busted in Hyderabad, 10 Held with INR 60.39 Lakh Cash Seized

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Last Update: April 11, 2023, 4:42 PM IST

IPL match between RCB and LSG (IPL/BCCI)

IPL match between RCB and LSG (IPL/BCCI)

Cyberabad police made these arrests during a raid on a house in Bachupally when an IPL match between RCB and LSG was underway

Cyberabad police busted an online IPL cricket betting racket and arrested 10 bookies.

The arrests were made during a raid on a house in Bachupally on Monday during the IPL match between RCB and Lucknow Super Giants.

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Cyberabad Police Commissioner Stephen Ravindra told mediapersons that SOT Balanagar Zone and Bachupally team of Cyberabad Police Commissionerate were keeping an eye on illegal activities. Cricket betting racket. On reliable information, they jointly raided a house at Sai Anurag Colony in Bachupally.

He said 10 bookies were arrested and Rs 60.39 lakh in cash was seized. He told that along with the amount deposited in the bank accounts of the arrested people, online cash and the value of the seized property, the total value of the property of the case is about one crore rupees.

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The seized assets include three line boards, 8 laptops, 3 TVs, 8 keypad phones, two CPUs, keyboards, monitor set top boxes, headsets, WiFi routers, printers, microphones, 10 smart phones, three two-wheelers.

The bookies were booked under sections 3 and 4 of the TS Gaming Act.

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The main organizer Pandu, a resident of Vijayawada, is absconding. Four of those arrested are from Andhra Pradesh while the rest are residents of Andhra Pradesh.

Those arrested include Y Venkata Sivarama Krishna, Singamaneni Kiran Kumar, Nandam Srinivasa Babu, Kadiala Mahesh, Chereddy Kasi, Adepalli Pratap Gana Kumar, K Vijay Kumar, G Srikanth, A Vinay and B Venkata Ratna Kumar.

Police said digitization and greed to make quick money have attracted some people to cricket betting. It is a vicious cycle that leads to a continual addiction to betting money. Ultimately the bookie only makes money while the punters lose money.

There is scope for cyber theft of data from bank accounts and other personal data, resulting in unauthorized money transfers and blackmail using personal photos, data, etc.

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(This story has not been edited by News18 staff and is published from a syndicated news agency feed)