Police Raid Reveals Rs 14 Crore Cash and 4 Kg Gold Biscuits
Nagpur, Maharashtra – A businessman from Nagpur, Maharashtra, experienced a shocking turn of events after losing a staggering Rs 58 crore in online gambling. The investigation into the case led the police to a suspected bookie, Anant alias Sontu Navratan Jain, and resulted in the recovery of Rs 14 crore in cash and four kilograms of gold biscuits. However, before the police could apprehend the accused, he managed to escape to Dubai, leaving authorities in pursuit.
The sequence of events began when Jain persuaded the businessman to explore online gambling as a lucrative avenue for earning profits. Initially hesitant, the businessman succumbed to Jain’s persuasion and transferred Rs 8 lakh through a hawala merchant to get started. Jain provided the businessman with a link on WhatsApp to open an online gambling account, and to his surprise, Rs 8 lakh was deposited in the account promptly.
With an initial taste of success, the businessman found himself lured deeper into the world of online gambling. His fortunes, however, took a drastic downturn as he not only lost the initial investment but also ended up losing an astonishing Rs 58 crore, while only managing to win around Rs 5 crore.
Feeling suspicious and desperate to retrieve his losses, the businessman confronted Jain and demanded his money back. To his dismay, Jain refused to return the lost funds, prompting the businessman to take decisive action.
The businessman lodged a complaint with the cyber police, prompting the registration of a case of fraud under the Indian Penal Code. The authorities sprang into action and conducted a raid at Jain’s residence in Gondia City, approximately 160 kilometers away from Nagpur. During the operation, the police made a significant breakthrough when they seized Rs 14 crore in cash and discovered four kilograms of gold biscuits.
Despite the substantial evidence collected, Jain managed to evade arrest by fleeing just before the police arrived at his residence. Authorities suspect that he may have escaped to Dubai to evade further investigation.
Commissioner of Police, Amitesh Kumar, stated, “The businessman’s plight serves as a warning to others about the dangers of getting involved in illegal online gambling activities. We urge citizens to remain cautious and avoid falling prey to such temptations.”
The investigation is ongoing, and the police are working diligently to track down the accused and recover the remaining lost funds. In the meantime, the seized cash and gold will be further scrutinized, and the exact amount of the seizure will be determined.
Online gambling has seen a rise in popularity in recent years, but this case serves as a grim reminder of the potential risks associated with engaging in unregulated activities. Authorities continue to urge the public to exercise caution and to avoid getting involved in illegal gambling practices.
