Ahmedabad Crime Investigation Department (CID) arrested Thaltej-based Praveen Jain involved in betting of crores on cricket matches.

CID Crime’s Police Inspector A C Israni received a tip-off that Praveen Jain, a resident of Somvilla Bungalows in Thaltej, was conducting large-scale betting on the T20 league played in Colombo, Sri Lanka. Based on this information, the police conducted a raid on July 11.

During the investigation, they found 10 mobile phones and a laptop. All these mobile phones were used to book bets through various mobile applications for cricket betting, and a live match was played on a betting website on the laptop.

The police found a balance sheet of ₹18 crore, with an available balance of ₹1.39 crore in a mobile phone. Another mobile phone’s betting ID had a balance of ₹50 lakh with an available balance of ₹15 lakh. This ID was sold to a man named Kapil Balotara for ₹30 lakh. 

Moreover, two other IDs with balances of ₹25 lakh and ₹30 lakh were also found. A total of IDs with balances amounting to ₹21.30 crore were found, which were used for large-scale daily betting.

The police found a Porsche car worth ₹1.50 crore, which was revealed to have been purchased through betting money, according to initial investigation. The police also seized a list of financial transactions related to betting, conducted through angadia firms. 

The CID Crime Branch has registered a case against Praveen Jain and eight other bookies involved with him and has started further investigation.

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