The Directorate of Enforcement (ED) has provisionally attached movable and immovable assets worth approximately ₹1,906 crore belonging to Bengaluru-based Gameskraft Technologies Pvt. Ltd., its shareholders, and associated entities in connection with an alleged money laundering case tied to online real-money gaming platforms, including RummyCulture. The attachment was executed through a Provisional Attachment Order dated 22 July 2026 under the Prevention of Money Laundering Act (PMLA), 2002.

What Was Attached and Why

The attached assets span a wide range of holdings — bank balances, fixed deposits, mutual funds, convertible notes, equity shares, a farmhouse, and several residential and commercial properties held by Gameskraft shareholders, their family members, private family trusts, and associated entities. The ED alleges that these assets represent proceeds of crime generated through the operation of online rummy platforms under brands including RummyCulture, RummyPrime, Playship, and RummyTime, which together reportedly had a combined user base of nearly 3 crore across India.

The money laundering investigation stems from multiple FIRs registered by law enforcement agencies in Telangana under provisions of the Bharatiya Nyaya Sanhita, 2023, for alleged cheating offences — which are scheduled offences under the PMLA.

Key Allegations Against Gameskraft

The ED's probe has surfaced several serious allegations. According to the agency, the companies deployed automated programmes — commonly known as 'bots' — to play against users without their knowledge or consent, despite publicly representing their platforms as fair and free from automated players. This, the ED alleged, resulted in substantial and systematic losses for genuine users while generating illegal proceeds for the companies.

Investigators further alleged that Gameskraft and its associated entity RummyTime Technologies Pvt. Ltd. operated platforms that charged platform commissions of between 10% and 15% on users' staking and wagering amounts. A significant portion of the user base was reportedly from states where online real-money gaming is prohibited, including Telangana, Andhra Pradesh, and Tamil Nadu.

Around ₹1,035 crore was allegedly spent on marketing and promotional campaigns — including bonuses, referral incentives, free tournament entries, and other rewards — designed to encourage continuous gameplay and higher deposits. Dormant users, including those who had suffered significant losses, were allegedly targeted through cash credits, push notifications, SMS campaigns, and telemarketing to draw them back to the platforms. The companies also reportedly imposed withdrawal charges ranging from 5% to 10% and pushed users to convert withdrawable balances into non-withdrawable 'Game Cash' through promotional offers.

How the Money Was Allegedly Laundered

According to the ED, the proceeds of crime were layered and integrated through dividend payments and share buybacks before being channelled into mutual funds, bonds, equity shares, and high-value movable and immovable assets — including properties held through family trusts and associated entities. This layering structure, investigators allege, was designed to obscure the origin of the funds.

Earlier Searches and Total Seizures

The ED had conducted searches at Gameskraft's offices and the residences of its directors and key employees across two phases — between 7 May and 13 May 2026, and again between 20 June and 21 June 2026. During these raids, investigators seized documents, digital devices, and electronic records that the agency said provided crucial evidence. Earlier in the investigation, the ED had also frozen movable assets worth approximately ₹495 crore under Section 17(1A) of the PMLA, in addition to seizing ₹11 lakh in cash and approximately 2.30 kg of gold and diamond jewellery, including bullion.

With the latest attachment, the total value of assets attached, frozen, and seized in the case has reached approximately ₹2,401 crore. The ED has stated that further investigation is underway.