Sourabh Chandrakar, the alleged mastermind behind the Mahadev betting app scam, has been arrested in Dubai following a Red Corner Notice issued by the Enforcement Directorate. Indian authorities are actively working to extradite him back to India, where he faces multiple charges related to online gambling and money laundering.
Sourabh Chandrakar, the promoter of the Mahadev online betting app, has been arrested in Dubai and is expected to be extradited to India. The arrest follows an Interpol Red Corner Notice issued at the request of the Enforcement Directorate (ED) in connection with a money laundering case related to the app. Chandrakar’s extradition is crucial for the ongoing investigation, which involves political figures in Chhattisgarh and other regions.
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In connection with the Mahadev betting app scam, actor and fitness coach Sahil Khan was apprehended by the Mumbai police cyber cell’s Special Investigation Team (SIT) in Jagdalpur, Chhattisgarh on April 27. This arrest came after the Bombay High Court denied his request for pre-arrest bail. Social activist Prakash Bankar filed a First Information Report (FIR) against Khan and several other accused in November 2023 for their involvement in and endorsement of betting apps. The FIR alleges that multiple web portals and social media platforms, including Khan’s Khiladi Book, were used to promote the Mahadev app and entice users to invest and register. The scam is estimated to have reached approximately 15,000 crore, and the SIT is currently investigating potential illegal transactions between certain financial and real estate firms and the app’s backers. Investigations are ongoing regarding Khan and 31 others, with their bank accounts, electronic devices, and other belongings being examined. Furthermore, the Anti-Corruption Bureau (ACB) / Economic Offence Wing (EOW) in Chhattisgarh has apprehended two individuals connected to the alleged illicit operations of the online gaming and betting app. The Enforcement Directorate (ED) has also detained nine individuals as part of its separate investigation.
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The Indian government’s recent support for the gaming industry has raised concerns about its potential negative impact on society. Despite acknowledging the ill effects of gaming, including addiction and violence, Prime Minister Narendra Modi has stated that the industry should remain unregulated. This stance contradicts his previous promotion of a healthy lifestyle and concerns about the decline in physical activity due to technology. The gaming industry has become a lucrative source of revenue for the government, with online gambling platforms expected to contribute $1.7 billion in GST in the upcoming fiscal year. Political parties have also received significant donations from gaming and gambling companies, which may have influenced Modi’s change in attitude. With a large population of young voters actively involved in gaming, politicians are unlikely to ignore such a vast voter base. However, the consequences of promoting gaming may be detrimental to the future of India, as it diverts attention from crucial issues such as unemployment, inflation, education, and farm income.
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