Archive · 9 Nov 2025
Surat Man Arrested for Aiding Rs 10 Crore Transfer to Pakistan Crypto Wallet
Police have arrested a man named Chetan Gangani from Surat because they think he helped criminals send a lot of stolen money, about 10 crore rupees, to Pakistan.
He allegedly did this by changing the money into a digital currency called USDT using his own online crypto wallet.
He apparently did this over four months and got paid a small amount for each transfer.
This arrest is connected to a bigger police effort to find people who help criminals hide dirty money.
These criminals use special bank accounts, called 'mule accounts,' to move money around.
It turns out this same group had already sent over 200 crore rupees to Dubai before.
Their illegal activities involved many different types of scams, like fake jobs and investment fraud, and they were part of 386 cases across the country.
Surat resident Chetan Gangani arrested for allegedly aiding the transfer of ₹10 crore to a Pakistan-based crypto wallet.
Gangani allegedly converted illicit funds to cryptocurrency USDT and sent it via his personal BitGet wallet over four months.
He received a commission of 0.10% on each USDT transaction facilitated.
The arrest is part of an investigation into 'mule' bank accounts used by cybercriminals to launder illicit funds.
This operation is linked to a larger network that previously transferred over ₹200 crore to Dubai and was involved in 386 nationwide cybercrime cases.
- Who
- Chetan Gangani, a Surat resident arrested by Gujarat Police, linked to a cybercrime network.
- What
- Allegedly facilitated the transfer of ₹10 crore in illegal funds to a Pakistan-based cryptocurrency wallet using USDT.
- When
- Chetan Gangani was arrested recently. This arrest is part of an ongoing investigation that has already led to the arrest of six other individuals earlier this month.
- Where
- Surat (arrest location), Pakistan (destination of funds), Dubai (destination of previously laundered funds).
- Why
- To convert laundered money into cryptocurrency and transfer it overseas for a commission.
Police
Accused
Role in Fund Transfer
Police
Chetan Gangani allegedly facilitated the transfer of ₹10 crore in illegal funds to a Pakistan-based cryptocurrency wallet by converting it to USDT via his personal BitGet crypto wallet over four months.
Accused
Chetan Gangani's perspective on his alleged role and intent is not detailed in the provided information.
Scope of Criminal Network
Police
Gangani's arrest is linked to a larger network involved in transferring over ₹200 crore to Dubai using nearly 100 mule accounts and implicated in 386 nationwide cybercrime cases.
Accused
The full extent of Gangani's direct involvement and knowledge of the larger criminal network's operations is part of the ongoing investigation.
- Arrested Individual
- Chetan Gangani
- Location of Arrest
- Surat, Gujarat
- Amount Transferred
- ₹10 crore
- Destination
- Pakistan-based cryptocurrency wallet
- Method of Transfer
- Converted to USDT (Tether) via personal BitGet crypto wallet
- Commission Earned
- 0.10% per USDT transaction
- Related Previous Transfers
- Over ₹200 crore to Dubai
- Investigating Agency
- Gujarat Police CID-Crime Division's Cyber Centre of Excellence
Sources
Surat Man Arrested For Aiding Rs 10 Crore Transfer To Pak-Based Crypto Wallet
Surat Man Held for Aiding ₹10 Cr Transfer to Pakistan Crypto Wallet
Man held for transferring Rs10cr to Pak-based crypto wallet
Man held for transferring Rs 10cr to Pak-based crypto wallet
