Archive · 13 Jan 2026
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)
- When
- January 10, 2026 (attachment order), ongoing investigation
- Where
- India and Dubai
- Why
- Alleged money laundering through illegal betting platforms
- 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
Sources
ED files prosecution complaint in Jaypee PMLA case
Mahadev app case: ED attaches fresh assets including Dubai property of main promoter Ravi Uppal
From luxury apartments to agricultural plots: ED attaches assets worth over Rs 21 crore in Dubai and India in Mahadev betting case
