In a significant development, the Visakhapatnam Cyber police have successfully dismantled an online betting racket, resulting in the arrest of 11 individuals involved in illicit gambling activities.

Alongside these arrests, law enforcement authorities have frozen a total of 63 bank accounts linked to the illegal operation.

During their investigation, the police uncovered a staggering sum of approximately Rs 367.62 crore being transacted across 36 accounts. Furthermore, they seized Rs 75 lakh from these accounts and confiscated a dozen mobile phones believed to have played a role in facilitating the criminal activities.

This operation follows the previous arrest of the so-called "Mahadev App gang," who were apprehended eight months ago. Despite these earlier arrests, fresh cases related to the same criminal syndicate continued to surface.

Consequently, the cyber police intensified their efforts, ultimately leading to the capture of an additional 10 bookies.

Most of the arrested bookies hail from the recently established Anakapalli district, with two individuals from Vizag city among them.

The suspects taken into custody are identified as Merupu Reddy Suri Babu, Handa Dinesh Kumar, Barri Srinu, Gurram Siva, Killadi Srinivas Rao, Allu Nookarju Avinash, Uriti Kondababu, Uraiti Venkateswarlu, Sundarapu Ganesh, Duli Nookaraju, and Vuppu Vasudevarao.

Deputy Commissioner of Police (DCP-Zone I), K Srinivasa Rao, revealed that the investigation stemmed from a complaint filed by Yerra Sattibabu. Sattibabu had suffered a loss of Rs 8 lakh in online betting activities organized by his relative, Suribabu.

The victim had received a loan from Suribabu for betting, but upon discovering the deceit, he promptly reported the matter to the cyber crime police, setting in motion the subsequent case and investigation.

DCP Srinivasa Rao provided insight into the modus operandi of the main accused, Reddy Suribabu. Suribabu had been operating as a bookie, conducting online betting with authorization from an illicit online betting firm.

He would amass substantial sums from 30 to 40 individuals and place bets on Indian Premier League (IPL) and international cricket matches. His annual turnover was estimated to range from Rs 5 crore to Rs 6 crore.

The accused individuals, including Suribabu and his associates, deceived unsuspecting punters by manipulating the application and website.

Even if bettors managed to win their wagers, the gang would obstruct access to their account IDs and illicitly transfer funds from their savings and current accounts to corporate accounts.

Currently, law enforcement agencies are engaged in an ongoing manhunt to apprehend the key figures involved in this intricate online betting network.

For More Updates: Follow Us https://www.instagram.com/hellovizag.in/