8 months ago
ED Attaches Assets in Mahadev Betting Case
The Enforcement Directorate (ED) has attached assets worth ₹21.45 crore belonging to the promoters and operators of the illegal Mahadev betting app.
The app was used to facilitate illegal betting and money laundering.
The ED has been investigating the case and has so far attached assets worth ₹2,621 crore.
The main promoters, Ravi Uppal and Saurabh Chandrakar, are absconding and are believed to be involved in cheating the public and laundering money through various illegal means.
The ED has filed five chargesheets and arrested 13 people in connection with the case.
ED attached assets worth ₹21.45 crore linked to the Mahadev betting app case.
Assets include properties in India and Dubai, including luxury apartments and agricultural land.
Main promoters Ravi Uppal and Saurabh Chandrakar are absconding, with Uppal in Vanuatu and Chandrakar in UAE.
The app allegedly cheated the public and laundered money through hawala channels and crypto assets.
ED has filed five chargesheets, arrested 13 people, and seized assets worth ₹2,621 crore.
- Who
- Ravi Uppal, Saurabh Chandrakar, and other promoters and operators of the Mahadev app
- What
- Attachment of assets worth ₹21.45 crore by the Enforcement Directorate (ED)
- Where
- India and Dubai
- When
- January 10, 2026 (attachment order), ongoing investigation
- Why
- Alleged money laundering through illegal betting platforms
Key facts
- Defendants
- Ravi Uppal, Saurabh Chandrakar, Rajat Kumar Singh, Saurabh Ahuja, Vishal Ramani, Vinay Kumar, Honey Singh, Lucky Goyal, Raja Gupta
- Alleged Crime
- Money laundering through illegal betting
- Alleged Amount
- ₹21.45 crore (latest attachment), ₹2,621 crore (total seized)
- Court
- Not specified
- Arrest Date
- Not specified
- Next Hearing
- Not specified
- Projects Involved
- Mahadev Online Book (MOB), Tiger Exchange, Gold365, Laser247
- Investigation Start
- Based on FIRs from Chhattisgarh, Andhra Pradesh, and West Bengal Police
Quotes
ED spokesperson
A spokesperson for the Enforcement Directorate (ED)
“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.”
indianexpress.com
“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.”
indianexpress.com
Enforcement Directorate
Indian law enforcement agency
“Investigation deciphered that the promoters kept 70-75 per cent of the total profits generated by the (betting) panels while the remaining was kept by the panel operators.”
theprint.in
Sources
ED files prosecution complaint in Jaypee PMLA case
Mahadev app case: ED attaches fresh assets including Dubai property of main promoter Ravi Uppal
ED Attaches ₹21.45 Crore Assets In Mahadev Online Betting Case; Dubai Property Linked To Ravi Uppal Included
From luxury apartments to agricultural plots: ED attaches assets worth over Rs 21 crore in Dubai and India in Mahadev betting case
Related news
South Bengal Rain Eases as North Bengal Faces Showers
Jindal Steel Earns Guinness Recognition for World’s Longest Slag Road
Heavy Rain and Strong Winds Forecast for Andhra Pradesh Coast
Odisha Police Arrest Alleged Interstate Robber, Eight Associates
Satnami Guru Family Split Raises Stakes in Chhattisgarh Politics
