March 26, 2026 8:07 AM

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ED Attaches ₹1,700 Crore Assets in Mahadev Betting Case

The Enforcement Directorate has provisionally attached properties worth about 1,700 crore rupees in the Mahadev online betting case. In a press release issued on March 25, the Raipur Zonal Office of ED said the action was taken under the Prevention of Money Laundering Act.
 
The agency has attached 18 immovable properties in Dubai and two in New Delhi, including luxury villas and apartments in Dubai Hills Estate, Business Bay, SLS Hotel and Residences, and Burj Khalifa.
 
The ED said the properties belong to Sourabh Chandrakar, a main promoter of the Mahadev betting application, and are held in the names of his associates. Investigations revealed that the assets were acquired from the proceeds of crime generated through illegal online betting. The syndicate operated internationally through multiple platforms and was controlled from Dubai. So far, searches have been conducted at over 175 locations, with 13 arrests made. Further investigation is in progress.