Saurabh Chandrakar, who committed a scam of thousands of crores through Mahadev App, is under house arrest in Dubai.
After India’s Red Corner Notice, UAE authorities have locked Chandrakar’s hideout.
Chandrakar Mahadev is one of the two main accused owners of the online betting app, linked to an alleged money laundering case.
UAE officials are currently monitoring him. After the action being taken by India, the possibility has increased that Chandrakar can be brought to India soon.
The Mahadev App case is a high-profile scam, involving an online betting platform that promotes illegal gambling on various sports such as poker, card games, badminton, tennis, football and cricket.
ED has issued a Red Corner Notice against Chandrakar with the help of Interpol. After which UAE officials are taking action against Chandrakar.
Chandrakar has been placed under house arrest in Dubai and his every movement is being monitored. Authorities are waiting to initiate the process of his extradition to India.
It is noteworthy that in October, the Central Investigation Agency had started a money laundering investigation against online betting platform promoter Saurabh Chandrakar on the orders of a special court under the Prevention of Money Laundering Act (PMLA) in Raipur, Chhattisgarh.
According to the investigating agency, Saurabh Chandrakar and another promoter Ravi Uppal were carrying out money laundering and hawala transactions through Mahadev betting app from their head office in UAE. In this case, there is an allegation of money laundering of Rs 6000 crore.
Uppal was detained by local authorities in Dubai in early December. At that time, the anti-money laundering agency had said that authorities were contacting the Arab country to extradite Uppal to India.
During the investigation of money laundering case, ED had also sent summons to many Bollywood celebrities including Ranbir Kapoor, Shraddha Kapoor, Huma Qureshi, Kapil Sharma, Boman Irani and Hina Khan.
The investigating agency suspects him of taking huge amounts of cash (black money) as payment for performance in programs organized by Uppal and Chandrakar.