The Enforcement Directorate (ED) on January 10 issued a provisional attachment order (PAO) attaching movable and immovable assets worth over Rs 21.45 crore in connection with its probe into the Mahadev Online Book (MOB) illegal betting case.
“The latest action covers movable assets valued at about Rs 98.55 lakh and 27 immovable properties, including luxury apartments, commercial shops, residential houses, and agricultural land located in India and Dubai, valued at around Rs 20.46 crore,” an ED spokesperson said in a statement Tuesday on the order issued under the Prevention of Money Laundering Act (PMLA).
The Central agency has so far searched more than 175 premises in the case and seized, frozen, or attached assets worth about Rs 2,621 crore. It has arrested 13 people and named 74 entities as accused across five prosecution complaints filed in the ongoing investigation.
The attached properties belong to several individuals alleged to be key operators or associates in the MOB network. “These include Ravi Uppal, one of the main promoters of the syndicate, who remains absconding. His property in Dubai’s Atria Ra complex, valued at around Rs 6.75 crore, has been attached. Rajat Kumar Singh, a close aide of alleged mastermind Saurabh Chandrakar, who reportedly earned Rs 15–20 crore in proceeds of crime (POC). Properties in Bhilai and Dubai linked to him have been attached,” the spokesperson said.
“Saurabh Ahuja and Vishal Ramani, partners, said to have operated nearly 100 panels and earned about Rs 30 crore. Properties in Durg and Bhilai are under attachment. Vinay Kumar and Honey Singh, accused of running six panels and fake promotions of the app, allegedly earned Rs 7 crore – Rs 3.5 crore each. Their residential assets in Jaipur and New Delhi, besides vehicles including a Mahindra Thar and Toyota Fortuner, have been attached,” the spokesperson added.
Properties of two more accused: Lucky Goyal, accused of handling Telegram-based promotions and generating Rs 2.55 crore in POC, has shops and plots in Rajasthan attached, and Raja Gupta, a Dubai-based operator managing 10 panels, has a Raipur property attached, the spokesperson said.
The agency initiated an investigation based on multiple FIRs registered by the Chhattisgarh, Andhra Pradesh, and West Bengal Police. These attachments are part of its broader crackdown on the multi-state online betting syndicate that functioned through websites such as Tiger Exchange, Gold365, and Laser247.
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“The operation followed a franchise-like “panel/branch” model managed by local operators, while alleged masterminds Saurabh Chandrakar and Ravi Uppal controlled the network from Dubai,” the spokesperson said.
Investigators found that 70–75 per cent of profits were retained by Chandrakar and Uppal, while the remaining went to panel operators. “The proceeds were routed through thousands of ‘mule’ or ‘dummy’ bank accounts opened using the KYC details of unsuspecting individuals,” the spokesperson said.
