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Home | Hyderabad | Cricket Betting Racket Busted In Rachakonda

Cricket betting racket busted in Rachakonda

Hyderabad: The Rachakonda Police Special Operations Team (LB Nagar) busted a cricket betting racket and caught five persons at Vanasthalipuram on Saturday. The police seized Rs 12.50 lakh and issued orders to freeze eight bank accounts that had Rs 96.78 lakh. The arrested persons were identified as Devineni Chakravarthy of Autonagar, Vemulaparthy Harish of Mansoorabad, Chenreddy […]

By Telangana Today
Updated On - 10 April 2022, 11:12 AM
Cricket betting racket busted in Rachakonda
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Hyderabad: The Rachakonda Police Special Operations Team (LB Nagar) busted a cricket betting racket and caught five persons at Vanasthalipuram on Saturday. The police seized Rs 12.50 lakh and issued orders to freeze eight bank accounts that had Rs 96.78 lakh.

The arrested persons were identified as Devineni Chakravarthy of Autonagar, Vemulaparthy Harish of Mansoorabad, Chenreddy Suresh Reddy of Saroornagar, Saama Jaipal Reddy and Shaik Asif Pasha, both from Vanasthalipuram. Two others, Appala Raju of Bheemavaram and N Srinivasa Uday Kumar of East Godavari were absconding.


Current A/Cs to mislead cops

Acting on a tip-off, the team raided a house in Autonagar and caught Chakravarthy, who was organising online betting along with Appala Raju and Uday Kumar in the two Telugu States, Rachakonda Police Commissioner Mahesh M Bhagwat said, adding that to misguide the police, Appala Raju had opened two current accounts in the names of Sri Venkateshwara Traders and Sri Lalitha Durga Traders.

After the raid, the police found the organisers operating eight bank accounts and accepting payments online. Orders have then been issued to the banks to freeze these accounts, Bhagwat said.


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