ED Seizes Rs 1,700 Crore in Assets, Including Burj Khalifa Properties, in Mahadev Betting App Case
Loading more articles...
ED attaches Rs 1,700 crore assets of Mahadev betting app promoters, including Dubai's Burj Khalifa properties
M
Moneycontrol•25-03-2026, 16:30
ED attaches Rs 1,700 crore assets of Mahadev betting app promoters, including Dubai's Burj Khalifa properties
•The Enforcement Directorate (ED) attached fresh immovable assets worth about Rs 1,700 crore linked to Sourabh Chandrakar, a promoter of the Mahadev online betting app.
•The attached properties are located in Dubai, including villas and houses in Burj Khalifa, and some assets in India.
•This action is part of a money laundering investigation under the Prevention of Money Laundering Act (PMLA).
•The case involves various high-ranking politicians and bureaucrats from Chhattisgarh.
•Sourabh Chandrakar and Ravi Uppal, promoters of the app, are being pursued for extradition; Chandrakar was last in UAE, Uppal fled to Vanuatu.