With the arrest of a 28-year-old person on Thursday, Rachakonda police claims to have busted an online cricket betting racket.
They seized ₹10.16 lakh in cash, five mobile phones and 11 debit cards of various banks from the possession of Bantu Rajesh, a businessman from Makakpet.
Police also froze ₹19.89 lakh balance amount in his four private bank accounts.
As per the police, the accused started participating in online cricket betting as a punter three years ago and subsequently, he became an agent to the bookies who organised the illegal activity.
“The organisers designed a channel styled as ‘Ferrari Line’ and made it available on Telegram, which currently has 15 lakh subscribers. In fact, once the interested people subscribe to this channel, the organisers send a link to its subscribers when any cricket league like IPL, Caribbean Premier League, West Indies and Big Bash League in Australia are scheduled,” police said.