Saurabh Chandrakar, one of the key promoters of the Mahadev Online Betting app, has been arrested in Dubai following an Interpol Red Corner notice issued at the request of India’s Enforcement Directorate (ED).
Arrest and Extradition Process Underway
The arrest was confirmed on Friday, with UAE authorities notifying India’s Ministry of External Affairs about Chandrakar’s detention. Indian authorities are now finalizing the necessary documentation for Chandrakar’s extradition, which will soon be submitted to UAE officials.
Chandrakar was previously placed under “house detention” in Dubai in December 2022, prompting Indian agencies to closely monitor his movements. The extradition efforts are being managed through diplomatic channels to facilitate his return to India.
Key Figure in Money Laundering Case
Chandrakar is considered a prime suspect in a major money laundering investigation related to the Mahadev Online Betting app, a case that has connections to several political figures in Chhattisgarh and other regions.
The ED filed its initial charge sheet in a special Prevention of Money Laundering Act (PMLA) court in Raipur, naming Chandrakar, his uncle Dilip Chandrakar, and several others. Before moving to Dubai in 2019, Chandrakar ran a juice shop with his brother in Bhilai, Chhattisgarh.
The ED alleges that Chandrakar spent nearly Rs 200 crore on his wedding, which took place in Ras Al Khaimah, UAE, in February 2023. The extravagant event included private jets for guests and performances by Bollywood celebrities.
The ED estimates that the proceeds of crime related to the Mahadev app could amount to Rs 6,000 crore. Investigators revealed that the app operates from a central headquarters in the UAE, using a franchising model in which profits are shared with associates on a 70-30% basis.
Chandrakar’s arrest marks a significant development in the case, as authorities continue efforts to crack down on the illegal betting operations tied to the Mahadev app.
