Raipur, Jan 13 (NationPress) The Enforcement Directorate has intensified its crackdown on the illicit online betting network tied to the Mahadev betting app by issuing a new provisional attachment order on January 10, 2026. According to a press release from the agency, properties valued at around Rs 21.45 crore have been attached through its regional office in Raipur under the Prevention of Money Laundering Act. These assets include movable items worth approximately Rs 98.55 lakh and 27 immovable properties, which encompass residential homes, commercial shops, agricultural lands, and luxury apartments located in various regions of India and Dubai, with an estimated total value of around Rs 20.46 crore.

This recent action is part of a broader ongoing investigation that commenced following multiple FIRs lodged by law enforcement agencies in Chhattisgarh, Andhra Pradesh, and West Bengal. The complaints revealed a large betting syndicate operating via platforms like Tiger Exchange, Gold365, and Laser247, the statement noted.

The entire framework operated on a franchise-style model, where local associates managed individual panels or branches while the primary promoters, Sourabh Chandrakar and Ravi Uppal, oversaw operations predominantly from Dubai, the statement elaborated.

Investigations revealed that the promoters retained between 70% to 75% of the profits generated by each panel, with the remaining share going to the panel operators. Allegedly, the proceeds of crime were concealed and laundered through thousands of dummy bank accounts opened using the KYC documents of unsuspecting individuals.

To date, the Enforcement Directorate has executed searches at more than 175 locations linked to the case. As a result, assets totaling approximately Rs 2,621 crore have been seized, frozen, or attached. Thirteen individuals have been arrested, and 74 entities have been implicated in five prosecution complaints thus far.

The latest attachment order specifically targets properties associated with key figures in the network, including Ravi Uppal, identified as a principal promoter, who is currently absconding. His Dubai property, Atria Ra, valued at roughly Rs 6.75 crore, has now been attached.

Rajat Kumar Singh, a close associate of Sourabh Chandrakar, has properties in Raipur and Dubai tied to proceeds of crime estimated at Rs 15 crore attached. Saurabh Ahuja and Vishal Ramani, who managed nearly 100 panels and amassed around Rs 30 crore in proceeds, have properties in Durg and Bhilai under attachment.

Vinay Kumar and Honey Singh, who operated six panels and generated about Rs 7 crore, have had attachments placed on a fleet of vehicles, including a Mahindra Thar and a Toyota Fortuner, alongside other assets in New Delhi.

Lucky Goyal, engaged in Telegram-based promotions yielding approximately Rs 2.55 crore in proceeds, has multiple shops and plots in Rajasthan attached. Raja Gupta, a Dubai-based operator overseeing at least 10 panels, had an immovable property in Raipur, acquired from proceeds of crime, attached.

The Enforcement Directorate is diligently working to trace and dismantle the financial framework of the syndicate while pursuing additional legal actions, including potential extradition proceedings against the Dubai-based promoters.