Directorate of Enforcement (ED), Raipur Zonal Office, has issued a Provisional Attachment Order (PAO) dated 10.01.2026 under the Prevention of Money Laundering Act (PMLA), 2002, attaching movable and immovable properties totalling Rs. 21.45 Crore (approx.). This action is part of the ongoing investigation into the illegal betting operations of the Mahadev Online Book (MOB). The attached assets include movable properties valued at Rs. 98.55 Lakh and 27 immovable properties including residential houses, commercial shops, agricultural land, and luxury apartments located in India and Dubai, collectively valued at Rs. 20.46 Crore (approx.).

Vide the subject order, assets pertaining to following individuals have been attached: –

Ravi Uppal: Identified as a main promoter who remains absconding. The order attaches a foreign property in Dubai (Atria Ra) valued at approximately Rs 6.75 Crore.

Rajat Kumar Singh: A close associate of Saurabh Chandrakar who operated multiple

panels and earned Rs 15-20 Crore of Proceeds of Crime (POC). Assets attached include properties in Bhilai and Dubai.

Saurabh Ahuja & Vishal Ramani: Partners who operated nearly 100 panels and

earned approximately Rs 30 Crore POC. The properties in Durg and Bhilai are attached.

Vinay Kumar & Honey Singh: They operated six panels and were involved in the

fake promotion of the betting app. They earned an estimated Rs 7 Crore (3.5 Crore each) of POC. Attachments include residential properties in Jaipur and New Delhi, along with a fleet of vehicles including a Mahindra Thar and Toyota Fortuner.

Lucky Goyal: He was involved in Telegram-based promotions and generated POC of Rs 2.55 Crore (approx.). Vide said order, multiple shops and plots in Rajasthan were attached.

Raja Gupta: A Dubai-based operator managing at least 10 panels. An immovable property in Raipur which is acquired out of the POC were considered for attachment.

ED initiated investigation on the basis of multiple FIRs registered by the Chhattisgarh, Andhra Pradesh, and West Bengal Police, revealed a massive betting syndicate. The platform provided illegal betting services through domain names such as Tiger exchange, Gold365, and Laser247. The operation functioned via a franchise model of “Panels/Branches” managed by associates, while the main promoters, Sourabh Chandrakar and Ravi Uppal, operated from Dubai.

Investigation deciphered that the promoters kept 70-75% of the total profits generated by these panels while the remaining was kept by the panel operators. The POC were layered through thousands of “mule” or “dummy” bank accounts opened using the KYC documents of unsuspecting individuals.

So far, the ED has conducted searches at more than 175 premises in this case. As a result of the ongoing investigation, movable and immovable assets worth approx. Rs. 2,621 Crore have been seized, frozen, or attached.

Further, ED has arrested 13 persons in the case, and 74 entities have been arraigned as accused in five Prosecution Complaints filed so far.