Archive · 29 Jan 2026
ED Attaches Rs 320 Crore in Illegal Betting Case
A Congress MLA from Karnataka, K C Veerendra, and his associates are accused of running an illegal online betting network.
The Enforcement Directorate (ED) has attached assets worth Rs 177.3 crore, bringing the total to Rs 320 crore.
The MLA was arrested in Sikkim in August 2025 and is currently out on bail.
The investigation found that the network used fake winnings to trick people and then blocked their withdrawals.
The ED is still investigating to find more people involved and trace the remaining illegal money.
The total proceeds of crime exceed Rs 2,300 crore.
Karnataka Congress MLA K C Veerendra and his associates are accused of running an illegal online betting network.
The Enforcement Directorate (ED) has attached assets worth Rs 177.3 crore, totaling Rs 320 crore in this case.
Veerendra was arrested in Sikkim in August 2025 and is currently out on bail.
The network allegedly used fake winnings to build trust and then blocked withdrawals.
The ED is continuing its investigation to trace more illegal proceeds and identify all involved parties.
- Who
- Karnataka Congress MLA K C Veerendra and his associates
- What
- Alleged masterminds of an illegal online betting network
- When
- Arrested in August 2025, ongoing investigation
- Where
- Arrested in Sikkim, network operates nationwide
- Why
- Allegations of cheating, impersonation, extortion, and money laundering through illegal online betting
- MLA Name
- K C Veerendra
- Arrest Date
- August 2025
- Arrest Location
- Sikkim
- Bail Status
- Out on bail
- Assets Attached
- Rs 177.3 crore (total Rs 320 crore)
- Alleged Platforms
- Online betting and gambling websites
- Charges
- Cheating, impersonation, extortion, money laundering
- Investigation Agency
- Enforcement Directorate (ED)
- Proceeds of Crime
- Rs 2,300 crore
