Significant progress has been made in the high-profile criminal case related to an illegal betting app in India, known as the Mahadev Book. Both the country’s and foreign police forces worked on the case to identify key suspects and make arrests. The case has seen thousands of participants and money worth more than $1 billion.
During the holidays, two main suspects were caught, including Ravi Uppal, the company’s co-founder, who was found in Dubai and deported to India. His partner, Saurabh Chandrakar, is under suspicion of creating the illegal betting app and network of operatives. Chandrakar was arrested earlier this year and is already in jail. The third member, Deepak Nepali, was arrested in India and accused of being a key member in developing the app.
The co-founders of the app, Chandrakar and Uppal, came from humble beginnings and rose to become leaders of a successful company. After owning a small juice shop and tire store, they went to Dubai, where they founded the Mahadev Book gambling app with the help of local partners and operators. The app featured various sports betting and casino games.
The company had a network of ground agents who used fake IDs to access bank accounts and cryptocurrencies to launder money. The Enforcement Directorate authorities have been working on the case since October 2022 and have filed a case against Uppal and Chandrakar before the special Prevention of Money Laundering Act (PMLA) court in Raipur. The police have arrested more than 440 suspects and filed about 72 cases since the process began.