Two policemen suspended, DCP investigating crypto scam on leave

Updated: Oct 29th, 2024


Ahmedabad police have found themselves at the center of a cryptocurrency scam that happened last week, involving two police officers from the Zone-1 squad.

Before any action could commence against the two officers under investigation, Amit and Madhav were sent back to their respective police stations in Vastrapur and Sola.

Notably, the Deputy Commissioner of Police (DCP) of Zone-2 has been assigned to investigate the case in Zone-1, but he is currently on leave.

What was the Incident?

Last week, these two officers, Madhav and Amit, seized ₹20 lakh from a person named Sudarshan.

Sudarshan, along with Ashok, was conducting a cryptocurrency deal on CG Road, where Sudarshan was promised that he would receive ₹30 lakh worth of cryptocurrency for just ₹20 lakh. While this deal was taking place, police officers arrived and seized the ₹20 lakh from Sudarshan, taking both men to the police station.

The police then asked Ashok to pay ₹5 lakh for an immediate release. It is unclear whether Ashok paid the ₹5 lakh or not, but he left the police station afterward. 

Sudarshan’s money was also seized, with police stating it would be released in a few days after legal proceedings. However, after three days, he had not received the money, and Ashok was unreachable. Upon suspicion, he had filed a complaint with the DCP.

Also read :

Ahmedabad police under scrutiny for alleged ₹20 lakh fraud

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Gujarat